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

Thanks for replying..

In case instead of writing the 115PE, if I have bought the 115PE for Rs 2 and let it expire and on expiry day close price for 115PE option is Rs 3.85 and settled price is Rs 0. So how much profit I will make. Will it be same as loss calculation as 115-110.8 = Rs4.2. I understand that STT will be more If I let it expire. Just confused with close price shown as Rs 3.85 and settle price as 0.