@ Ravi : sorry for posting this here....this thread has the largest number of visitiors (experts).
Below is icicibank intraday chart. And alongside is the 1120 OCT call .
my question:
despite having close to rs.6 of intrinsic value, why would 1120 call be trading at rs.1?
is this because of taxes on ITM that are not squared off?
or is this because of large number of people squaring off the option?
someone pl shed some light on this matter please. thanks.