I have a short P.E ITM position which I did not exit
Strike price = 7000, , 1 lot = 150, Premium received = 90 Rs
Since I did not exit the position, I will have to take the delivery of shares as I have a short P.E position.
Does an auction happen in this case? or I I need to buy 125 shares (1 lot) at 7000 Rs
What will happen if an auction happens in this case?