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

Vadeghar Lakshman commented on 28 Dec 2015, 03:39 PM


I’m new to options. I tried to found my case on above comments, but it’s taking long time as it’s having 1000’s of comments.
Need clarification on:

Brought Call option of BANKNIFTY DEC 16900 @ Premium Rs. 126.77 (Rs. 3800/-)

How do we trade on this, means on premium value or Index value or futures value?
1. What will happen if close my position before expiry with the following values,
BANKNIFTY DEC FUT @ 16930 BANKNIFTY INDEX @ 16988 Premium @ 109

2. If I hold the my call till expiry till the expiry date with same values.

What will be the profit/loss in both the cases, pls illustrate calculating profit/loss clearly and step by step.

I’m thinking that BANKNIFTY DEC FUT value will not effect this, I mean no need to consider FUT value, is it?

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