Hi!
Can someone help me in understanding what happens when option expires out of money. is there any action needed from option writer?
Let's say I have written a Put option for September Nifty at strike price of 4500. I pocketed the premium and broker kept the margin on the same.
Now, when it expires on 27th Sep, what am I supposed to do? Will the margin be returned back to me automatically on expiry?
Thanks in advance.
Can someone help me in understanding what happens when option expires out of money. is there any action needed from option writer?
Let's say I have written a Put option for September Nifty at strike price of 4500. I pocketed the premium and broker kept the margin on the same.
Now, when it expires on 27th Sep, what am I supposed to do? Will the margin be returned back to me automatically on expiry?
Thanks in advance.