Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
commented on
18 Nov 2013, 12:21 PM
Muthu,
On expiry day if Nifty is at 6160, the 6200 calls will no way be at Rs 60, the price would have automatically dropped from the Rs 50 you have purchased at. If Nifty closes at 6160 on expiry, the 6200 calls will be of zero value.