Many asked me! What if I don't pay the amount back to broker? I have tried my best to answer the same with my case example.
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@hsvashistha16@PRSundar64 No sells their virginity here, if they are portraying their virginity and making money out of it through others believing it's true then u gotta verify it to ur believers. Just speaking in his language 😁
Urgent help please: Just knowledge is what am asking for? Please suggest 🙏
I had hindalco 450 pe 45k qty expired ITM on dec 30th. Position was not squared off, as there were no buyer for the option. I don't have any required margin or shares in my demat Or bank acc.
@DeekshithRao7 All well, no I haven't cleared the amount nd not capable of doing it. Just raising maximum escalations possible from my end throughsils md media houses nd msgs
Update: Looks like this is my final bill value after deducting sme remaining from my bank acc. Thanks everyone for sharing your views and knowledge.
Am speechless for now 😞 😓and clueless
Urgent help please: Just knowledge is what am asking for? Please suggest 🙏
I had hindalco 450 pe 45k qty expired ITM on dec 30th. Position was not squared off, as there were no buyer for the option. I don't have any required margin or shares in my demat Or bank acc.
Broker sending a contract note to the client after 18 days from the trade date!!! Is this as per the rules? Kindly enlighten me!
Received my contract note of 30th dec hindalco option trade settlement just today at 4.30 pm
@Champakiyo Sir around 12-13 lakhs. Broker has settled the trade in same day for 202.6 lakhs and then bought shares worth 213 lakhs to compensate the same in my profile. 213-202.6 + other charges is being charged to me.
@Krash626262 @ICICI_Direct The math is actually simple. This is the settled amount of the trade (option exercised at 450 rs) -
The contract note of purchase of 45150 qty shares (buying done by broker) = will be my charges (approx 12+ 1 lakh penalty looks like).
@Krash626262 @ICICI_Direct Bro I have done the math but expecting the broker to clear it off properly. Without them all we make is just assumption of calculations right!