In Indian stock market,
1. If I buy a CE or PE and unable to close this position at end of the contract-day b/cos of the value becomes zero. Where and to whom the money will be credited which I spent to buy this option?
2. Who is deciding the initial value of an option contract of a stock?
3. Is there any method to decide this amount(value)
4. Is the particular company is involved in their FnO deals?

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