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

Namrata commented on 29 Sep 2017, 11:13 AM

Dear Team, Ex I brought put option & on expiry date my put option is in profit but no buyer available/asking at low value for it, then what will happen to my option after expiry.

(Ex. Siemens SEP 1280 Put & Siemens closed on expiry day on 1220, I brought it at 20 Rs)

Please explain my profit, shall I sell or let it expire with extra STT charges

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