Comment on Basics on Options Shorting/Writing

Thanks Nitin.

I have called Zerodha Support twice today and asked them a query on how to excercise the options to stock? But, on both the calls I got the same reply as “Options will expire on expiry date and you cannot convert the position to stock.” I am confused now. The main objective of call option is the obligation to buy the specified lot at a specific strike price on the expiry date na?! But they were saying that I cannot excercise (convert that to equity stock) options.

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