Today is June 2016 Derivative Expiry Day Please Close All Futures and Options Trades.
All Futures and Options trades must be closed on the expiry day. Today is June 2016 Derivative Expiry Day please close all Futures and Options trades.
This email is to remind you to close all derivatives trades which are going to expire today – I mean all June 2016 series Futures or Options trades. Otherwise your broker or your RM (relationship manager or risk management team) may close it at will after 3.15 pm or it will be closed by markets itself and you will get any rate. You will have to accept that rate.
Its better that you close them yourself and know your real profit and loss.
I am not very sure about this as I have never left any option or future open on the expiry day, but there can be a fine too by the markets. So instead of experimenting please close them before today’s closing.
Only those options that are expiring worthless may be left – but you must be 100% sure that they will expire out of the money and expire worthless.
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