Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
commented on
10 Dec 2013, 12:13 PM
Rajesh,
On expiry if nifty is at 6225 and you are holding 6200 calls, that means that your option is in the money by Rs 25. If you hold it after 3.30, you will get back Rs 25 – around Rs 6 as STT(extra STT for holding an exercised option), so you get back around Rs 19.
Cheers,