I sold an out of the money option using NRML. I want to hold position till expiry. Do i need to square up my position on expiry or i can let it expiry on its own? Pls explain precisely

General
2

Being a seller of option you can do as you wish based on your profit and loss targets, as higher STT as a penalty will be charged only to buyer if he/she let in the money(ITM) options settled by exchange on expiry day.

1 Like
3

for the 24th june stocks expiry ; do u allow to trade in options NRML until what date ?

4

Hi Siva,

So can a option seller save the brokerage of 20rs/order (considering I have 10 orders so 10*20=200rs of brokerage saved ) in case he doesn’t square up the position and let it expire worthless which is OTM?

Thanks,
Akhilesh

5

Yes, 20 rupees in brokerage per order. Also if you are option seller you can let them expire if they are OTM