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

if I buy the Union Bank 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. On expiry day spot value for Union Bank is 110.8

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.