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SFO Delivery

Delivery

SFO

Physical shares in India, futures on Delta Exchange.

Physical (NSE)

  • The ITM put is through expiry and assigned at the ; the shares arrive in demat (usually T+1).
  • The engine reconciles holdings until the shares appear, then books them as inventory. If they do not appear within the settlement timeout it raises an .
  • Net cost = assigned − premiums collected.
  • When a covered call is exercised the shares are delivered out at the and the capital returns to the put grid.

Futures (Delta Exchange)

  • settle in cash, so at the time the engine buys the configured futures (default: the perpetual) for the same quantity.
  • A covered call that would be exercised sells that futures quantity instead.
  • Funding on the perpetual accrues while the futures inventory is .

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