Options trading expiry day


#1

Ex.
1. I buy nifty 10800 call @40 april and expiry day premium become zero (0). What shoud i now!???


#2

You are not required to do anything. The broker will do the rest.


#3

Means koi penalty lagti hay???


#4

Penalty in the form of STT only if options expire near ITM, but the broker will square of such positions automatically which are likely to expire near ITM.