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

Hi Nithin,

If I am writing options first(selling first) of lot size 20000 at Rs 1 and want to buy/square off my position before or on expiry day and there are no sellers at the time of buying

— What will happen to my position?
— What will happen to the margin held by securities.
— Will it get exercised to some price?

Thanks
Vishal

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