Un-Squared off 36900 PE BankNifty Option

[ck.vijay1978]

Hi,
I bought One Lot (25 Qty.) BankNifty 9th Sep 2021 36900 PE @ 215. But i forgot to Square-off the same. And the Weekly expiry is over. Now how this will be Settled ? What’s the calculation for the Transaction and it would be Settled?

Thanks.

[ShubhS9]

@ck.vijay1978

Now how this will be Settled ? What’s the calculation for the Transaction and it would be Settled?

Index Options are cash settled. ITM Options are settled at intrinsic value, and STT too is applicable on the intrinsic value. You can check out this post for more information: NO MORE STT trap on exercised In the money options