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

Hi nithin,

Can you please help me with my query.

I did chose to sell an option first and later buy it..

In case, I didn’t happen to buy it on/before the expiry date, how would the trade be settled..

Will it consider the ltp (last traded price) on that particular strike price?

To keep it simple, I sold put option of ITC at strike price of 300 for 33.45 premium.. if on the expiry, the price of ITC closes at 250 and there is no transactions done at that particular strike price, how would the settlement be?

Will it consider the ltp on the strike price I purchased?

Thanks
Varun

View the full comment thread »