Is a price correction always conducted for option transactions concluded outside the mistrade range during the opening auction?

The correct approach to handling transactions that occur outside of the mistrade range during the opening auction is that a price correction is not universally conducted. In this scenario, if a transaction is outside the mistrade range, a price correction will only occur if it is specifically requested. This recognizes that there may be valid reasons for cancellations or adjustments, which are factored in on a case-by-case basis.

Thus, while it might seem intuitive to assume that a price correction is mandatory for all transactions outside the established range, the procedure allows for flexibility based on the requests and circumstances surrounding the transaction. The process thus promotes fairness and accuracy in market pricing without automatically adjusting every trade that falls outside predefined limits.