Comment on Basics on Options Shorting/Writing

Varun Jain commented on 27 Aug 2014, 12:46 PM

Hi ,
Nithin Sir. Appreciate your help.
I am new to options writing and want to know regarding OTM options expiring worthless

1. If i have sold 7850 PE & 8050 Call at combiined premium of say 5 & at expiry it is expiring worthless ( i.e 0) should I square-off it say at 5 paise or 10 paise OR else i should not square off & keep as it.

2. In this case , what will be the brokerage and STT implications as I have not buy it ?

Thanks

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