Do not exercise in option trade on the money expiry...!

General
1

Hi,
Any one explain me I bought bank nifty 25200PE @ 10 and kept for expiry. And it closed 25195. 100 units will STT charged for me or Do not exercise option default available in ZERODHA? please clarify me…

2

Any one clarify…

3

If STT is more than the profit, option will not be exercised.

4

Thanks a lot for the clarification…

5

@VelmuruganSengottai

Can you please answer this?

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6

by default if STT is higher than the settlement value , it wont be exercised… this is what zerodha guys told and someoen can confirm @siva
STT is 32points and the settlement value is 5 points … so it wont be exercised

did you buy 100 lots … ? :face_with_raised_eyebrow:

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7

3Lots 120 units… Thanks

8

You are right.

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