



Monday's F&O expiry to test market support as war, crude weigh
NSE), typically happens on the last Tuesday of every month. With markets shut on Tuesday for Mahavir Jayanti, the rollover will take place a day earlier, on Monday.“Investors or traders opting to exercise or physically settle their stock options and futures upon monthly expiry could provide an element of support to the market,” said Kruti Shah, quant analyst at Equirus Securities.If, instead, traders close out positions or roll them over to the next month, it would signal more short aggression, Shah said.
An investor converts stock futures or options into shares in the belief that prices could rise; low conversion, in the current context, would imply expectations of further downside.According to data from the Securities and Exchange Board of India (Sebi), of the total stock futures settled in February, only 1% resulted in delivery, with the rest cash settled. This was higher than the 0.8% that resulted in delivery in the current fiscal year (FY26) through February on the NSE.Of the total stock options settled in premium terms, 12% resulted in delivery, compared with 14% during the current fiscal through February.
The rest was cash settled. Stock option settlement values are significantly higher than stock futures.Premium refers to the price of a call or put option paid by the buyer to the options seller.Sebi mandated compulsory delivery for stock futures and options on expiry from April 2018.
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