How mcx put option devolve ok expiry?

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Lets assume I told this and due to ill liquidity can’t get exit

on today gold moved higher and keep moving higher till expiry (i think 26 or 26th Jan)

what will happen with this out option?
i believe it’s not ITM so will it just vanish be be worth less? or any short position will be opened for feb series?

how much total loss will be to me? just premium 1160x10 or something will also add up later on expiry?

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How did you lose money on a short put with gold up? :thinking:

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No, it is a long put, as “Qty. 1” is in blue color.

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If it is OTM . Then it will expire worthless. Only the premium you paid will be lost.
If expires as ITM and you are unable to exit then it will devolve into next month future and you will have to bring in the shortfall. Don’t keep it that long. Better exit if any buyer available.