Hi All,
I wanted to understand if I have sold out of the money put option and on the expiry the options are still out of the money.
Is it ok if I do not close these OTM put options since they are worthless? I wanted to understand if I can leave them without buying in order to save the brokerage on the buying side?
Ex : I have sold Banknifty 10th Jun 34500pe and Bank nifty closes at 35000 on 10th of Jun do I mandatorily also need to close this option by Buying the same or can I just leave it without closing since the option expires worthless (to save brokerage on buying side (10 lots *20 rs per lot = 200rs ).
Thanks,
Akhilesh