There is a problem with deep ITM stock options as due to no liquidity buyers are not available to exit position.
I myself faced this problem. So broker will sold these option at market order and algos will buy at big discount. bid -ask is like this 150 - 200 in deep ITM options. So you will have straight loss of 50 or more points .
that is a good point. I myself started moving all my future positions to next month the friday before the expiry week.
traders should do this without fail.this is going to be the new expiry trap. now that the old stt trap is solved.
Zerodha has an active investor base of 1.02 million and a total client base of more than 1.6 million. It reported net profit of Rs 350 crore against a revenue of Rs 850 crore in financial year 2019, according to the latest numbers shared by the company.
Shorted goldm at 37976 and added one more short at 37907. it hit a low of 37779 so far. then checked mtm , found out 2nd sell order was given as buy order by mistake , position closed there itself, grrrrrrrrrrr
Shorted goldm at 37976 and added one more short at 37907. it hit a low of 37779 so far. then checked mtm , found out 2nd sell order was given as buy order by mistake , position closed there itself, grrrrrrrrrrr