I am new to options and I have some doubts. I was watching a youtube video where that man was talking about taking/giving delivery of shares.
What happens if I don’t square of my options positions on expiry day and the position is in the money?
Let’s say i sold a strike 1000 pe and a strike 800 ce and on expiry apit was 900 making both calls ITM, what will happen in this case if I don’t square off my both positions? Assuming the total premium received as rs250.
Someone kindly help.