Re: Time to Stick my Neck Out ,Nifty 7300
Question -
I bought some March put options through ICICI direct. Since the options for the strike price are almost never traded, i have held on to them. Few days back i bought a call option with a march expiry date to lock in my profits. Now, what do i need to do on Mar 27? Will the options be settled (money in my account) or will ICICI convert the put options into shorts and call options in longs?
Any help is appreciated.
Question -
I bought some March put options through ICICI direct. Since the options for the strike price are almost never traded, i have held on to them. Few days back i bought a call option with a march expiry date to lock in my profits. Now, what do i need to do on Mar 27? Will the options be settled (money in my account) or will ICICI convert the put options into shorts and call options in longs?
Any help is appreciated.