Comment on Policy on settlement of compulsory delivery derivative contracts
please explain the below scenarios,
1. Deep OTM long Call option, expiring worthless, even in that case high STT is applicable on expiry or I will be loosing only the premium
2. In CTM long Option, if decided not to exercise, what will be the P&L. Whether I will loose the premium or will there be any profit
3. Deep ITM ( deeper than CTM) as defined in this article, even long option holder are obligated to exercise or can be decided not to exercise.