Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
commented on
17 May 2017, 10:32 AM
Thanks so much, Nithin, for explaining this. I was also confused about STT implications on sold options. Now I know that I do not have to buy them back to square off the trade if I am getting to keep the premium.
Please clarify one more thing: What if I have to buy back the option to square off as the trade is going against me? What are the STT implications then?
Thanks so much for doing a wonderful job of clarifying things!