Settlement of nifty put option seller works?

[deepaklaishram]

can anyone explain me how does the settlement works in nifty put option seller if the buyer exercise the option. (in stock option i knew that it is settlement through delivery with stock and the put seller receives the shares) but in nifty option how does it works

[AlgoEye]

Cash settlement at expiry for index option

[deepaklaishram]

okay thanks for sharing

[ShubhS9]

@deepaklaishram

(in stock option i knew that it is settlement through delivery with stock and the put seller receives the shares) but in nifty option how does it works

Index Options are cash settled. You can check out this post for more information.

[deepaklaishram]

thank you shubh