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

Kishan commented on 26 Nov 2014, 01:32 PM

Hi Nithin,

I am new to Zerodha. I want to ask simple question for STT on expiry day. Below is the situation.

ON Expiry Day I have bought 1000 lots of 8500 call & 8500 put @1 Rupee with MIS options
My total cost is 2000 rupees + 40 rupees aprrx 2050 rupees.
At 3:21 as per MIS my position gets square off. however there are no buyer in both my strike price
Will it be square off or i still need to pay STT in that case.
Please advise early as 2morrow is expiry 😉
currently Nifty spot is 8475


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