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

Matti commented on 13 Oct 2017, 01:01 AM

Hey Naveen. Your position wouldn’t have been exercised, i.e., it would have expired worthless. This is because if your position were to have been exercised, the STT cost would be very high. Recently, the exchange has provided brokers with an option to flag these positions as ‘do not exercise’. As such, your position would have lapsed worthless. Read more about this here.

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