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

Nithin Kamath commented on 01 Jul 2014, 08:57 AM

Yep we have already approached, the logic here being that an exercised option is considered as a delivery trade, be it just ITM or deep ITM. Assuming they say exercised option is not a delivery trade, the bigger issue with that would be that IT department will then consider trading F&O as speculative and not as a business income. That will effect everyone who trades derivatives.

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