squaring off

hi all ..
suppose i have bought a call option for rs 50 /- at 11 am .
if the value of that option moves to 75 at 1 pm, can i square it off at that time . will they use EOD price or the price at 1 pm.

You can square off any position in F&O at any time. However at the end of expiry the same will be taken on the basis of closing price. Hope this clarifies your query.

i got it .. thanks for ur reply ..

Yes.

In that case, the price which was prevailing during the time of square off will be used. In your case, its Rs.75.