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Auto Square Off

Android | Feature Ideas

Is the feature of Auto Square Off for the Stock Options which becomes ITM at the time of expiry available with PUNCH? And how much it could cost for any trader? Please advise.

If not available, then are you planning to introduce it in near future?

Posted by MANOJ GOVIND SURVE ·
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Comments1

  • Archit Sunat

    •

    Feb 20

    @MANOJ GOVIND SURVE
    Currently, Punch does not offer an automated auto square-off feature for stock options that become ITM at expiry.
    However, on expiry day, our risk team actively monitors ITM stock option positions. If you hold such a position, you will receive an email in the morning with details of your open position.
    By default, our risk team will square off the position before expiry. If you wish to take delivery of the underlying stock instead, you will need to reply to that email confirming your intent — and ensure you have sufficient funds in your account to support the delivery obligation.
    If you have a specific use case or requirement in mind, feel free to share more details and we can explore the best way to handle it.