A mother, trying to treat her kids as sovereign beings. Live & Let live:) Doing research for @Compcircle PMS.
May 18, 2021 • 9 tweets • 2 min read
---THREAD ON F&O BAN---
📛 What’s F&O Ban?
Stock goes into ban when combined Open Interest (OI) of both Future & Options contracts across series & across exchanges exceeds 95% of Market Wide Position Limit (MWPL)
Reason for stock going in ban is to curb EXCESSIVE SPECULATION
📛 What happens when stock goes into ‘FNO ban’?
-One CANNOT take Fresh positions
-But CAN square off existing position