What happens on expiry to F&O positions which are not squared?
- Equity Index/ stock futures - i understand they are cash settled on the basis of last half hour trading average on expiry day.
- Equity In the money Index/ Stock options - I understand STT is applied on the underlying contract value. How is it computed?
- Equity out of the money Index/Stock options - I understand they expire worthless. Any charges / penalties on these unsquared positions?
- Commodity futures - Are these cash settled or do they come with delivery option?
Thanks.