Update : May 10, 2013
Neither a trading participants (for its own account) nor a customer may hold an aggregate position in contract units in excess of the limited position having shares of underlying security. The position is calculated by combining short position in put option with long position in call option or combining long position in put option with short position in call options.
Such positions that have the limited risks by combining with other positions of the same underlying securities and the same underlying securities itself or related securities shall be exempted from the position limits.
|Position limits of Individual Options|