Comment on Trading Q&A

Subramaniyan commented on 23 Apr 2018, 08:41 PM

I Purchased REC 140 CE of 3 lot (18000 Qty) at 0.35, Currently the Trading Price of the Stock is 128.10. My Current Option value is trading at 0.20. In another 2 days the contract is going to expire, let say on the expiry day stock is trading at 120 level. in that case obviously 140 CE option will not be trading.
1. What happens in this case?
2. If it is auto squared off what will be the exact STT & Extra charges that i need to pay?

Please clarify

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