Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
commented on
13 Feb 2017, 08:14 AM
Hi,
I am short on USDINR FEB PUT option @67.75 @ INR 0.4/-
The expiry is 10 days away and the option will be in the money. To square off the premium is now @ 0.8 so it will be a big loss for me.
Is it safe to wait till expiry – I will receive the premium as I was short on it and then the difference on premium I pay. I am asking this because I feel I buy the option now to square off I will loose the premium. And the issue of this STT which I have also signed – doesn’t if affect my situation – being short?
Thnx