Intraday Options Query

Hello everyone. I’m new to forum but not trading. I have been into trading call options for quite sometime now. I have always bought NRML and never done any MIS Order due to being scared of risking it all. But now I wish to know more about MIS type of Call Option , like what will happen at the end of the day. If I’m not wrong then it will be exercised and I get the P/L depending upon the LTP at the last minute? or there’s something more I’m missing here?

If you buy options there is no use of MIS, since premium is deducted from ur account anyways, there is no margin so no leverage

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