Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
Hi Nithin,
I don’t really get it. Suppose if call option is deep in the money? Say I am holding 25 lots of Bank nifty or 1000 qty. of say 21000 call and it closes at 21060. I have 60 points, but in market it will be at 35. Selling it at 35 or letting it expire, both are same right?
At what value option will be exercised? Is it at 60 or 35?
Thanks!