I have 300 lots of nifty (22500 qty) in buy options out of money strike price is 11400, what will happen be the maximum loss if i don’t close my position including STT etc.
I have heard there is some flaw with STT it can cause huge loss if don’t close before expiry for e.g Chirag patel, could somone please explain
Thank you for the responses and answer suffered massive loss though still safe, thanks to Finance minister for removing that flaw, that will be too scary.