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

Nithin Kamath commented on 25 Jun 2015, 11:33 AM

SK, whatever is the value which glenmark closes below 980 will be the value of your option. So if Glenmark closes at 970, your 980 puts will close @ 10. If you let it expire, and not square off, STT will be charged at 0.1% of the contract value. Lotsize of Glenmark = 250, so 0.1% of (250 x 980)around Rs 250 will be STT. Other charges you can find on http://b.zerodha.com/

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