USDINR Options Expiry

I left my USDINR CE position open and it expired ITM, will there be any penalty levied on me for not squaring off?

Hi @ekansh22

USDINR options are cash settled and the final settlement is done according to RBI reference rate for that day which is announced at 1:30 PM.

There’s no penalty for letting the position expire ITM :slight_smile:

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Thanks a lot Mehar for this. :slight_smile: