I know that all at the money and out of the money will expire worthless on expiry date...
I have a doubt ...What happens to my buy options ( in the money)when i didnt square or exercise on expiry day( Due to reasons like i am in remote and i cant open the net or cant call my broker).....Will my broker( ICICI ) will excercise it automatically and will credit to my account ....or if dont excercise on expiry date ( in the money options) then my premium and profit will go worthless.... kindly advice ....
Vijayakumar
I have a doubt ...What happens to my buy options ( in the money)when i didnt square or exercise on expiry day( Due to reasons like i am in remote and i cant open the net or cant call my broker).....Will my broker( ICICI ) will excercise it automatically and will credit to my account ....or if dont excercise on expiry date ( in the money options) then my premium and profit will go worthless.... kindly advice ....
Vijayakumar