Opt for “ Do not exercise” ~ bulls$treet

National Stock Exchange has introduced a facility in Equity Options contract, that will allow the trading member to Opt for “ Do not exercise” Instruction on in- the money Contracts on the Expiry day. Presently, all open positions across in- the money Options contracts that are not closed by the clients/admin are automatically exercised and cash settled by the Exchanges. But under such circumstances, STT @0.125% on the full contract value is levied, and the clients end up paying higher STT charges.

As per this new facility, on every expiry day, the Exchange shall send a file containing client wise Close to Money ( CTM) contracts to the trading member , and the trading member after reviewing the positions has to specify to the Exchange , with “Do not Exercise Option” before 4.30 PM. In such cases, the exchange shall consider the member request and shall not exercise these ITM contracts, but these contracts will be treated as Out of the Money contract (OTM) and positions shall be closed at Zero amount.

This facility is effective from 31st August 2017, the month end expiry and request you to take note of this and trade accordingly.

T.A.Vijey

T.A.Vijey, who started his journey in Indian equity markets with just Rs 1000/- in 1981 started picking multibaggers at his school days. His investments have given him a return of 1000% and even more.. A self-made man who loves writing books when he is not analysing Q.Nos from the balance sheet or media news. He learned his biggest lesson of life during the Harshad Mehta crash, Ketan Parekh scam and Satyam computer crash which is trading in equities. T.A.Vijey has been known for his "Option trading" with his own strategies in option trading which could create a huge amount of wealth for investors in derivative market. He has mastered the knack of standing out from the crowd to provide a lateral view of the markets. Although, he has most of his investments in penny stocks,midcap and smallcap stocks. Vijey is qualified with masters degree in Engineering from NIT,also qualified with NISM,NCFM and certified as market professional by National Stock of Exchange of India, and he has rich market experience of over 40+ years and has founded ‘bullsStreet’ which is now managed with a team of engineers from National Institute of technology and Anna university His first investment was an IPO where he was allotted 100 shares of Caplinpoint which was issued at par Rs. 10/- but reached a high for trading at Rs. 1000/- (which translates into a return of 9000%). The first worthwhile multibagger investment by Vijey was in SAIL at around Rs. 3.35 which gave him huge profit while it was climbed to Rs 285/- level. His few multibaggers stock picks include names like SEinvestments at Rs. 19 which reached over Rs 1000/-along with bonus shares of SEpower, Eicher motors at Rs. 16- which reached over Rs 36000/- and many more, Natco pharma which returned nearly 20x, Panclothing consolidated 45x, Ashok Leyland 900x to name a few.SELMC recommended at Rs 1.35 reached above Rs 1706 in one year.Ruchisoya recommended at Rs 17 reached Rs 2500 in few months.Jaicorp recommended at Rs 15 reached Rs 15000 in one year. He loves trading in option segment and metals in commodity segment.He has his own trading strategies known as ‘twin snakes method’ which will be ideal trading tricks for Nifty and Bank Nifty futures trading. He conducts online / correspondence courses for potential investors who wish to make money in Option trading. He also gives higher level trading tips through whatsapp in 'bullsStreetCasino' in which double money profit,triple money profit,mini jackpot & occasional jackpot profit tips may be given to subscribers of 'bullsStreetCasino'

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