You will get margin benefits for hedged positions, you can calculate the margin requirements here.
You will get shares of PFC. The shares will be delivered to you at the strike price of the contract, i.e 150 in this case.
When I will get those PFC shares on my dmat account? after DEC expiry or Jan date @ShubhS9
Ideally, you will receive the physically settled shares in your demat account on 2nd Jan(T+2nd Day) and the same will be visible in your holdings from 3rd Jan onwards.
In case, if there’s a short delivery, the exchange will conduct an auction settlement on the T+3rd day and the delivery of shares in your demat account will be on the T+4th day. Here, T-day is the expiry day.
Note: If the exchange is unable to procure the shares in the auction settlement, the transaction will be settled in cash based on the close-out price. To know more, refer to this support article.
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What IF I sell DEC future PFC on Monday, will still have to delivery of PFC PE sell ?
On the day of expiry if DEC 150 PE expires ITM, then the physical delivery obligation will be netted-off and you won’t have to take delivery of shares.
Future sell expiry should be same month? , as I have sell position PFC sell on Jan expiry and PFC PE sell DEC expiry
Can I switch future future sell from Jan to Dec to avoid physical delivery obligation