What does an ITM WEEKLY Bank Nifty Option—both CE &PE-- entitle one to on expiry day ?
Suppose it is a CE , what does one get and how?
If it is PE how does one get paid ?

seems from your question ur new to options… please go throgh from basic from here

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Not new to options. Nobody has given an answer to how weekly options are settled. Please indicate this.

Bank nifty weekly options expires on every thusday… and options are cash settled in India… its always good practise to square off your all open position before expiry to avoid huge STT(in the money option )

Thank you. It’s always settled in cadh. Underdtood.