Comment on Trading Q&A

Abhilash commented on 01 Mar 2017, 02:53 PM

I have finished Petition of huge STT trap on Expiry day mail send by your team … I have a doubt ,

Nifty trading @ 8500 … I took OTM call of 8600 CE @ 50 before 1 week of expiry.
I am tied up with some busy works and even I forget the position too.

Now Nifty is on Bull run, on expiry day Nifty closed above 8600 ( say 8630). My strike price is 8600.

Will my position become ITM because it closed above 8600 ?
So do I have to pay the huge STT ?

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