can i shot a position till expiery to book profit

Hi,
i am an active trader in option market.Today on closing 4700 call option (29sept expiery)appeared Rs 14080 per lot. i am planning to shot a lot tomorrow morning at a near price, my intention is to buy back same possiton on 29 sept (the date of expiery). i hope i can buy it back at a very low price when it is just about to get expire.,thus i can book profit.

Nenu, What is unusual about the figure of 14080 per lot? The closing figure is at 281.60 and for a lot of 50 units the figure is right. NF has closed at 4983, so the point where the 4700 call closed is well within its normal range.
Having said that you can still go ahead and short it if you expect Nifty to close much below the current market price. But as of now there is nothing abnormal about its price.

i mean the possibilities of expiry.