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

Kiran Nair commented on 19 Apr 2017, 06:30 PM

Hi Nithin,

Thanks for the bunch of information. From reading this article, it appears that one should exercise the call or put option before expiry else there will be a huge implication of STT if you are ITM. MY question is what happens if i want to sell my ITM call option and I Place an order and it does not get executed till expiry? Do I need to pay the STT here? Is there a way that I can compulsorily sell my call option.

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