Comment on Basics on Options Shorting/Writing

gskakke commented on 23 Sep 2016, 10:57 AM

Can i short/write banknifty weekly options on its expiry day (i.e thursday) & that too near the end of market hours?
For ex. if i short/write BANKNIFTY22SEP1619900PE at 9.50/- (Qty 400) at around 2:00 pm & the option value goes to zero at 3:00 pm. then i would be making profits in this scenario?

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