Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
commented on
28 Dec 2016, 04:37 PM
Dear Zerodha,
I bought M&M Finance 270 PE Dec 29th Expiry at 10.35 rs premium. I am bit worried and want to know
1. What if there are no buyers say when the underlying price of the stock is trading at 250 rs. If I don’t sell or can’t sell because there are no buyers ? Will zerodha exercise it on my behalf with some commission ? Please explain.
2. I understand if the underlying stock is trading above 259.65 ( 270- 10.35 ) and if I don’t exercise my option, then do I lost my entire premium ?
Thank you,
Br,
San