Doubt in stock option expiry

I have shorted IDEA 3PE. I don’t think now it will move up till expiry. If I hold till expiry, then at expiry, will I be forced to buy it at 0.05 or will the settlement take place at 0 rs. In Idea, every tick is valuable.


Out of the money - OTM option contracts will expire worthlessly. You will lose the entire amount paid as premium.

Check this

Hope this helps