Charges if OTM intraday options expire worthless

General
1

What if OTM options(which I bought), didn’t sell because no sellers, expiry worthless in intraday(MIS).

Can anyone from zerodha side answer this?

Is there any hidden charges if I don’t sell(because of no sellers) bought options in intraday?
I know RMS team will try to close it if any MIS opiton position still open upto 3:25pm
Is there charges for it?

I know 50+GST but I’m thinking in this case there is no charge for it

If there is RMS charges, can you let me know how can I avoid it practically like shifting to NRML when it is 0.05 price or anyting?

Assumptions: Only expiry day and only intraday(MIS)

2

On expiry day zerodha allow all strikes, why to take in mis? initiate trade in nrml only.

3

If zerodha rms auto square off order triggers and executed partially or completely charges = 50rs + gst (0.05rs per lot saved)

if zerodha rms auto square off order triggers but no counter party to match = no charges
you will lose 0.05rs per lot in this case

4

oh ok. So RMS team placed the order and If order is still pending(because no counter party match), there is no changes? right?

5

Really?

Actually, I’m using MIS buy order for margin benifit. I buy OTM+12 options in MIS.
So is it possible to buy first NRML OTM+12 and then sell for margin benifit in expiry?

If yes, is it applicable for all instructuments(Sensex, FNifty, Nifty, MdNifty and BNNifty) expiries?

6

Yeah, available on all instruments on their expiry day. You can try next time.

1 Like
7

yes right

8

For 0DTE you can buy directly in NRML itself

Also you can change from MIS to NRML on other days if you have a sell position