Comment on Consequences of Short delivery - NSE/BSE
commented on
17 Feb 2022, 11:22 AM
Hey Dilip, index options are cash-settled. If on the expiry day Nifty closes at 17400, the 16700 CE option will expire ITM and it will be settled by the exchange at the intrinsic value. You can check out this chapter on Varsity to learn more.