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    What will happen to my calendar spread on expiry day?

    If you hold a calendar spread that includes an expiring contract, you will lose the margin benefit on the expiry day and must maintain a full margin for the remaining contract.

    Example: You have a Nifty February Call option(expiring today) and Nifty March Put Option position → So on the day of expiry for both the February and March contracts you will require a full margin to hold both the positions.

    Removal of Calendar Spread Margin Benefits on Expiry Days What is the removal of calendar spread? What is a calendar spread? How does the removal of margin benefit work on the day of expiry? Which contracts are affected due to removal of calendar spread? Will this rule apply to Options Calendar Spread as well? How can traders manage this change? Where can I see my total margins for my positions one day before the expiry? If I am unable to bring the margin how my position will be impacted?