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If you are active in the F&O segment of the stock market you must be knowing that you have to pay higher STT on options that are In The Money (ITM) on expiry. A call option is said to be In The Money when its strike price is below the market price of the underlying asset.
If you are a trader you must have seen that there is a pre-open session from 9 am to 9:15 am for both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). It is basically the period of trading activity that takes place just before the regular stock market session.
Whenever you go in for a trading account you will see that it requires opening of a Demat account with the broker and signing a limited purpose Power of Attorney (POA) in favor of the agent which would be the broker
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