24-NOV expiry of NIFTY is going down today.
I understand why its going down, time decay etc. But, who would be willing buy this OPTION now? At 3.30pm today, this OPTION will be null and void right?
What is the motivation for someone to buy it few hours before expiry?
PS: Newbie here, sorry for asking something basic.
I understand why its going down, time decay etc. But, who would be willing buy this OPTION now? At 3.30pm today, this OPTION will be null and void right?
What is the motivation for someone to buy it few hours before expiry?
PS: Newbie here, sorry for asking something basic.
OPTIONS after expiry date
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