Dear friends and respected seniors,
On 15th october, 2018, i had sold PE options of tatamotors of 190 strike price, because i was expecting tatamotors' month end price to be below 190 and i wanted to take delivery of shares on expiry. Tatamotors closed at around 166 on month end, but i didnt get delivery of shares. Please guide me, what did i do wrong ? Do i have to inform broker in advance for taking delivery of shares ? My broker is Upstox, i contacted them too, but they are just sending me pdf documents of rules and guidelines and SEBI circulars and are not answering my queries Can someone please kindly tell me why i didnt get delivery of shares
Awaiting your replies.
Thank you.
On 15th october, 2018, i had sold PE options of tatamotors of 190 strike price, because i was expecting tatamotors' month end price to be below 190 and i wanted to take delivery of shares on expiry. Tatamotors closed at around 166 on month end, but i didnt get delivery of shares. Please guide me, what did i do wrong ? Do i have to inform broker in advance for taking delivery of shares ? My broker is Upstox, i contacted them too, but they are just sending me pdf documents of rules and guidelines and SEBI circulars and are not answering my queries Can someone please kindly tell me why i didnt get delivery of shares
Awaiting your replies.
Thank you.