23 Sep 2015, 12:00 AM

Expiry day -24.09.2015, Ensure to square off all your ITM option & Impact of lot size revision.

All Equity Derivative contracts of September month will expire on 24th September 2015. Please be sure to square off all your ‘in-the-money’ long option positions before market closing to avoid paying excess STT. Why excess STT? Read: http://zerodha.com/z-connect/queries/stock-and-fo-queries/stt-options-nse-bse-mcx-sx

Also note that due to the recent revision in lot sizes of Nifty Futures, you are required to convert all Nifty December options/futures contracts into multiples of 75 failing which you will not be able to square off this position after September 24, 2015. Read more here: http://tradingqna.com/19333/happen-nifty-december-contracts-after-changing-currently