Comment on STT Trap - Options Expiry - NSE BSE MCX-SX

Darshan commented on 06 Apr 2017, 04:11 PM

Kindly provide me the STT calculation incase I had not squared off ITM but allowed it to exercise

Situation: Purchased Bank Nifty 21600 PE 2000 units @ 0.40 paise (means investment Rs 800/-). At 3:22PM the price of 21600 PE is at 0.05 paise and Bank Nifty is at 21585, so I cannot close ITM as it is trading at 21585. At close of day 3:30 Bank Nifty closes at 21592 (so I am 8/- ITM). Kindly provide me the calculation of the STT in this case as I did not sell the 21600 PE ITM as it was at 0.05 paise.

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