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

Vineet commented on 17 Jul 2016, 02:43 PM

Sir,
If I had sold a nifty lot of PUT option of say 8400 at 200/- .
And on the day of expiry, nifty ends at 8550. But, I dont square off my position wat happens ?
What is the penalty ?
When does my blocked margin money get released ?
What is my profit ?

Please advise.

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