Is there a scenario of exercising option profitably?

[nithin]

Have you ever thought of buying in the money calls and puts on expiry thinking guaranteed profits? Here is why you shouldn't trade it

Someone please explain me in detail this I totally understand the STT applied on entire contract value if we let buy option expire I also understand the need to square off buy positions But one question nobody answers is this: Is there a scenario where exercising option is more profitable even after STT deduction and premium deduction? If a option is very deep in the money and when i let it expire as exercised , will it give more profit than a square off? Like TCS 2000 CE call was bought …