Seeking Advice on forgetting square off my position on the BankNifty option

F&O
1

Hi, everyone
I shorted BankNifty Mar 46700 CE option at 45INR (Today)
I forgot to square off of my position so what is next please help me

BankNifty Mar 46700 CE Price is: 86.80 at(3:30)
BankNifty: 46785.95 at (3:30)

What is next?
means any Penalty or physical delivery

I am using Zerodha account. @shubhs9

2

Hi @deepakjain05

Index options are cash-settled. No need to worry about physical delivery or penalty :slight_smile:

Your loss will be a maximum 41.8 rs per lot

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