Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
what if someone has sold in the money option…like for e.g. selling 1 lot of cairn 215 put at 8 and then what price will determine expiry cash price of cairn or future price of cairn for that month ? and explain what happens if cairn expires at 205 and what if i did not cover my short of 215 put at 8 ?