NSE to reintroduce 'do not exercise' facility for stock options on Apr 20

The National Stock Exchange (NSE) said it will reintroduce the ‘Do not Exercise’ facility for stock options contracts with effect from April 28, 2022. The move will enable traders to manage their risk better, especially when it comes to out-of-the-money contracts. It will allow them to close their open positions, preventing the risk associated with physical delivery.