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What will happen if I hold an stock option and a decision is taken to remove that stock from Futures and options category?

April 26, 2017category decision Futures hold Options remove stock stock option

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What will happen if I hold an stock option and a decision is taken to remove that stock from Futures and options category?

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All active contracts will continue to exist until the last day (as declared). After that no more contracts on this stock will available for trading. If you are holding such an option your position will be exercised and settled on last day. It is always advisable to check with your broker regarding such announcements.