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

mohammedkasim40 commented on 13 May 2017, 10:46 AM

I am Zerodha client, I have Sell Nifty Option at the price RS.500 for 1 lot (75 quantity’s) at 8650CE.
1. If I did not buy back the option with in the expiry date. It will be automatically square off and buy my option contract or not .?
2. E.g.: if the Nifty close at 9350 on the expiry date.
=(9350 -8650)-500 * 75. My lose will be Rs.15,000 . or any other charges like STT will be applicable ?

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