I did not convert my Options NRML position. Why is it showing under MIS?

This will happen to your stock options positions on the expiry day. On the expiry day, all stock options positions will be converted from NRML to MIS to ensure that they are squared off and not left open at the End of the day. Earlier Exchange had a provision to upload contracts which are not to be exercised under 'Do not Exercise' Option. This is now withdrawn and there is no facility to upload under 'Do Not Exercise'. Hence, to avoid this all NRML Stock Options positions will be converted to MIS on the Expiry day.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article

Related articles

Still need help?