When selecting the right option to buy, a trader has several choices to make. One is whether to purchase an in-the-money (ITM) or out-of-the-money (OTM) option. While the goal for "vanilla" buyers ...

However, in the last 6 expiry months, from April 2024 to September 2024, there has been a nil instance of an option contract turning OTM into ITM, after-market hours based on VWAP, the data revealed.

Currently, price movements on expiry day can cause options to shift from “Out-of-The-Money" (OTM) to ITM, potentially triggering large physical delivery obligations.