non square off

  1. timircha

    IT is mandatory to square off OTM put or call option

    If I have open position for call or put and now that strike price is OTM, then I have to square off that contract, If I do not square off that contract then it expires worthless. so I have not square off that contract then something penalty or something else STT is chargeable to me. of no bill...
  2. B

    Charging for non square off Intraday

    Hi I got Trading account with Indiabulls.I sold it at 103rs on 19/01/2010.I squared it off on the same day using PIB software which said succesful. Later broker called me and said it is not successful because no one is to sell shares for me at that time.on that day it gone to upper circuit...