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

Nithin Kamath commented on 22 Jul 2016, 11:54 AM

All options are settled based on close of the underlying stock price. So if stock closes at 110.8, the puts will get settled at Rs 4.2. Since you have bought it at 2, you make a profit of Rs 2.2.

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