If you trade options on expiry day, you would have noticed option prices not trading in sync with spot prices, especially closer to the market close on expiry day. It might seem like an easy money-making opportunity, but there’s a lot more going on behind the scenes that affects those prices. In this video, Karthik explains the basics of options trading by explaining the intrinsic value of options and what it could mean if the intrinsic value seems mispriced.