Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
I have short(sold)one lot of Nifty PE 6000 @ premium Rs.150.Today the premium is @Rs.250.
(Nifty Spot .8350).
The loss is Rs.2500/-( 25*100) at this moment.
If I do not square off the trade and if the nifty will close (spot) at 8400.on expiry date Then what will happen to me. (if the premium remains 250/- on expiry date)