Hi Maddy._Des;
Profit in stock is 275-260.90 per share and not 285-260.90 since you are delivering the shares at Strike Price of 275 and not at Rs.285 .If the closing price of the underlying on expiry day is 285 or 300,you have to deliver the
shares at 275.
You must not have read my reply.
Don’t worry it happens!
Go and read my reply first.
If still confused then read again.