Hey guys, so it finally happened, I’m now stuck in Nifty 10th Oct position with loss. The 8th is a holiday for the market, but 7,9 and 10 are still in play.
I am just trying to profit off the premium, I have NO INTENTION to exercise the option.
So, is it possible to keep the option open till the 10th and square off before market closing or do I HAVE to square it off on the 9th itself?
As I said, I just want to play the premium, posting this thread just to make sure there isn’t any penalty/additional charges for squaring off position on last day BEFORE market closing.