Comment on Basics on Options Shorting/Writing

Nithin Kamath commented on 29 Mar 2015, 07:03 PM

If you sell and buy, you are out of the trade, so you will not have anything to hold overnight. But if you short Nifty call at 39 as MIS, you can convert MIS into NRML and hold it overnight. Check this post.
Yes, you can exit it the next minute if you want to. 1 lot of Nifty is 25, so if you had short 1 lot at 10 and buy back at 8, so make 2 points or Rs 50 profit.

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