At TradeJini, commodity futures contracts can either be cash or physically settled. Notably, we allow cash settlement, and it’s important to note that physical settlement is not an option with us. In case positions are not closed before the start of the delivery period, TradeJini may square them off. For each auto-squared-off order, a charge of \u20b950 plus 18% GST will be applicable. You can find details about settlement types and the last trading dates in (DOC<\/a>)<\/p>\n\n\n\n

Commodity Options<\/strong><\/p>\n\n\n\n

In the world of commodity options at TradeJini, all In The Money (ITM) contracts are devolved into their respective futures contract of the current month on the day of expiry. If you hold an ITM contract until expiry, be aware that it will require margins equal to the futures contract to facilitate its devolvement on the next trading day.<\/p>\n\n\n\n

Example Scenario<\/strong><\/p>\n\n\n\n

Let’s take an example scenario: Gold is currently at 31500 levels, and you hold a GOLD 19JAN 31000 CE ITM option contract. On the expiry day, this contract will devolve into GOLD 19FEB FUT, with a buy average of 31000. However, if the exchange cannot match the contract with a counterparty, the ITM options trade will be cash-settled instead of devolving into a futures contract.<\/p>\n\n\n\n

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Commodity Futures At TradeJini, commodity futures contracts can either be cash or physically settled. Notably, we allow cash settlement, and it’s important to note that physical settlement is not an option with us. In case positions are not closed before the start of the delivery period, TradeJini may square them off. For each auto-squared-off order, […]<\/p>","protected":false},"author":1,"featured_media":0,"parent":11381,"menu_order":38,"comment_status":"closed","ping_status":"closed","template":"","doc_tag":[],"acf":[],"_links":{"self":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/11398"}],"collection":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/comments?post=11398"}],"version-history":[{"count":0,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/11398\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/11381"}],"wp:attachment":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/media?parent=11398"}],"wp:term":[{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/doc_tag?post=11398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}