Comment on STT Trap - Options Expiry - NSE BSE MCX-SX

Satender commented on 26 Aug 2015, 01:25 PM

Hi Nithin,
Thank you for your informative post. I have a question though:

Suppose I have an option and it is deep out of the money. So obviously it is going to expire worthless and as you mentioned no STT will be charged on it. But will brokerage be charged by my broker (ICICI Direct) for letting it expire worthless ? Please answer asap as expiry is tomorrow.

Best wishes,
Satender Kumar

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