What does it mean by this latest circular from nse about collection of net option value for ITM/OTM options in cash?

[Guru_Dath]

please if possible explain with an example for better understanding

[vikki]

its not clear. could you provide the nse circular here

[nithin]

Collection of Net option value for short ITM/OTM options, how does it affect us?

https://www.nseindia.com/content/circulars/CMPT40245.pdf Was reading this circular that NSE has just put out The current value of ITM/OTM options contracts shall be collected by Clearing Corporation in Cash for all net short positions as per parameters specified in table below [image] How does this affect us traders? Latest update to the circular on 20th Feb https://www.nseindia.com/content/circulars/CMPT40281.pdf [image]