My Query is suppose if I buy today 8000 call jan2016@₹90 premium that will expire on 28 Jan 2016, by 15 on Jan nifty is at say 8100 and I am in profit and want to settle it now before expiry is this possible? Simple can I close my position before expiry?
You can close your position anytime before expiry.There is no compulsion to hold on to your position till expiry.
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Yes you can close before expiry.
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