Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
Hello,
(Ex: Option Index – BankNifty – 13July2017-23700-CE @ 65 Rs).
If I do option writing in out of money (OTM), on expiry date, the premium is sink to almost zero or worthless for these OTM. I buy on the expiry date very closed to zero. Is this a profit way?. If yes, then how much money is required for option writing for 1 lot for this above example.
Regards,
Vinayaka