Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
commented on
23 Jan 2015, 02:32 PM
So you have bought 750 CE @ 6, so if HUL closes at 950, your 750CE would be valued at 200. So you would make a profit of 500 x (200-6)= 500 x 194 = 97000, and yes you will get back 500 x 200 = Rs 1lk for this option. This money you will receive from the person who had shorted the option.