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

Nithin Kamath commented on 14 Aug 2013, 04:11 AM

Hi Lakshmi,

When you bought the nifty option at Rs 45( Rs 45x 50 = Rs 2200) is debited from your trading account. Assuming on the last day this value is Rs 70 and if you don’t sell it, you will have to pay a higher STT because you exercise the option and not sell it on the exchange. So at the end of the last day you get back Rs 3500( 70×50) minus brokerage + higher STT( around Rs 250) +other charges.

Hope this clarifies.


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