I bought nifty 13850 PE of 150 qty.at the expiry if market closes below 13650. i will be in profit or loss and how stt i will pay? any senior member please advise

F&O
1

I bought nifty 13850 PE of 150 qty.at the expiry if market closes below 13650. i will be in profit or loss and how stt i will pay? any senior member please advise

2

Oh crap, I’m junior. Can’t advise.

3

Profit will depend on at what price you purchased this Option. On Long ITM Options, exchanges charges STT at 0.125% on the Intrinsic Value, if Nifty expires at 13650, Nifty 13850 PE will expire with Intrinsic Value of Rs. 200.

You can learn more about Options on Varsity.

4

Hi,
My purchase price is 202rs for 13850PE.