In Current expiry, I had Eicher Fut Long and 4200 CE short like below and similar setup for Axis bank
I had 108 shares of Eicher in my holdings with average of 3701 or something.
In report, i am seeing Intrday activity on Expiry day like below (I am assuming this is Zerodha closing the trade)
Can someone clarify why above happened?
Ideally this position should have netted off right? Or am I missing something.
Note: I did not close the trade at 3:30 PM
It is indeed netted off… but at stock level. One leg needs you to buy EICHER stock at 4615, and the other leg needs you to sell EICHER stock at 4200 (the strike price). This will count as a intra-day trade for you.