Hi i have purchase 50 (1 Lot) of nifty 16800 CE
at price Rs 2
and forgot to square off on expiry day
And nifty closes on 16660
What will happen now
Hi i have purchase 50 (1 Lot) of nifty 16800 CE
at price Rs 2
and forgot to square off on expiry day
And nifty closes on 16660
What will happen now
Your option will expire OTM and worthless. You will loose the Rs.2 you paid to buy the option.