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

Yes, the option premium is a sum of Intrinsic Value, Time Value & Implied Volatility. The Intrinsic value of a 7800 CE when Nifty is at 8200 is 400, which means 7800 CE will be trading at a minimum price of Rs.400. There’s a lot of content available on Options on Zerodha Varsity here which would help you in understanding how options work: http://zerodha.com/varsity/module/option-theory/