Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
Piyush, if Nifty is currently at 8050 and if you are buying a 7800 Call, it is In the money and not out. This option will be trading minimum at Rs 250. Out of the money would be 8200 calls. Assuming you bought 8200 calls at 50 and did nothing and market reached 8400, you make 200 points. Investment is 1250 , return is 5000 (you are buying 1 lot, so you need to multiply by 25), your net return is 3750