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

Gyan commented on 29 Aug 2013, 02:54 PM

Dear Team

I need to ask a very basic question
I had sold bank nifty 8700 put @ Rs 60
on expiry date at 3:25PM bank nifty is trading at 8900 ( so most possible put option will closed out of money).

Do I need to sqare off my position by buying option or leave it?

rgds
Gyan

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