Hello Friends,
I am new in Options.
My position is buy on Put for NIFTY May 6000.00 @ Prem value 20. Now its trading at 5971 @ prem value 75.
My query is do I need to wait for expiry date to exercise/square off my position or can I do it now also, as right now I am in profit.
As I heard Index options can only be exercised on expiry.
Please advise.
Thanks.
I am new in Options.
My position is buy on Put for NIFTY May 6000.00 @ Prem value 20. Now its trading at 5971 @ prem value 75.
My query is do I need to wait for expiry date to exercise/square off my position or can I do it now also, as right now I am in profit.
As I heard Index options can only be exercised on expiry.
Please advise.
Thanks.