Hi new here, What happens if i bought an option at 0.05 and couldn’t able sell it?? option price at the closing time will be 0.15. Please help in this…
Hi @dileepsr
If it is an index option, it will be settled by the exchange and you will end up with a profit of 10 paise minus charges
Correction. Option will be settled based on its intrinsic value and not at LTP.
Though I know you meant the same, I guess in this case he is referring to LTP of the option to be 0.15.
I know this because I short it at 0.1 yesterday and it ended at 0.15 as it’s LTP. 
I will take a guess. He is talking about 22500pe yesterday expiry.
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You should explain in more detail instead of having the members play a guessing game.
Are you saying index option buying on expiry day is 100% risk free , ( when it comes to let it expire worthless or forgot to book the profit , and exchange will give back whatever profit we were on while it was expiring) ?
I have burned my hand in stock options, so I need to clear this doubt.