InvestorQ : If I buy a call option, can I go to the exchange and demand the shares?
F&O
Crowny Pinto made post

If I buy a call option, can I go to the exchange and demand the shares?

Answer
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2 years ago


No, you cannot; and that is because you are trading in a product that is cash settled. In India all options are cash settled! What does that mean? It means that on the settlement date the profits will be adjusted in cash. Just because you have a TCS call option you cannot go to the exchange and demand that you get delivery of shares of TCS. Call options will be available in near-month, mid-month and far-month contracts. Remember, all call option contracts will expire on the last Thursday of the month.