If I purchased USDINR today at 69.48 considering it’s a good support to buy and simultaneously buy an ITM 69.75 PE 7th jun expiry , does it make sense to exercise the PE tomorrow after market close?
Let’s assume it’s just 1lot of future and PE , SO total cost would be 2000 fut margin + 4225 premium paid + brokerages and taxes
If I exercise tomorrow , considering USDINR ends ITM , what will the actual final PNL. Look like considering I don’t own any USDINR physically to begin with…
It’s all cash settled and I’m fairly new , so before doing the actual exercise I want to understand