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

Hello Sir,

One question – I have sold a put on 09/16 at a strike price of 7500… at a premium of Rs.28/-

Assuming…market goes down tomorrow and the price goes down from spot price (7800) to say 7600

and say the premium of the put goes up from 28 to 52 rs…

However, it doesnt reach 7500 by expiry.. do I have to buy it back at a loss or can I let it expire?

View the full comment thread »