It appears BSE started providing an option to 'NOT EXERCISE OPTION' on expiry. They are in damage control mode.
Good, but nowhere enough. Still the ITM Option holders are being forced to lose their ITM portion.
The exchanges were collecting more taxes than what is mentioned by the Govt, that had made some lose heavily.
I was mentioning that the concerned guys were afraid of this getting exposed. This seems to be a damage control exercise to cover up their mistake.
But surprised at the traders not understanding. All that the people who lost money have to do is, file a case in the court of law and get their money back. That is the reason why I had asked for support from our fellow traders, which I am sad to note, was not forthcoming, but for just a few.