I have a little query, can you please help me with this.
I have bought NAVINFLUOR 3600 CE at 163 I have sold NAVINFLUOR 3750 CE at 100 I have sold NAVINFLUOR 3900 CE at 56 and I have sold NAVINFLUOR 4000 PE at 44 3600CE and 3750CE call have become illiquid. Price of NavinFluor as of now is 4020.
I just have a little query, what will happen in physical settlement if NavinFluor closes at 4000+ on the day of expiry ?
Will these four options result in a net off or there be any penalty ?
One last query sir, for long 3600 CE and short 3750 CE of navin fluorine(4080 right now), at the time of net off, what will be the charges, and will I get the profit, that is happening with these 2 calls ?