# Stock PUT Option ITM Expiry - Illiquid

**URL:** https://tradingqna.com/t/stock-put-option-itm-expiry-illiquid/124751
**Category:** F&O
**Created:** [January 1, 2022, 12:14pm UTC](https://tradingqna.com/t/stock-put-option-itm-expiry-illiquid/124751 "2022-01-01T12:14:33Z")
**Posts on this page:** 1
**Showing post:** 2

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### Author: ![nithin](https://tradingqna.com/user_avatar/tradingqna.com/nithin/32/5_2.png) [@nithin](https://tradingqna.com/u/nithin)
#### Post date: [January 1, 2022, 1:10pm UTC](https://tradingqna.com/t/stock-put-option-itm-expiry-illiquid/124751/2 "2022-01-01T13:10:12Z")

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> [@RedValve](#):
>
> Hello, someone long in a stock PUT option and it was expired ITM and he can’t sell that option due to illiquidity.
> 
> As a PUT option buyer which is expired in ITM, he needs to deliver the shares to the buyer.
> 
> What will happen now?

If the customer doesn’t have the stock and fails to deliver, it will be treated like short delivery. Stock will be bought in auction and then delivered.

> **[What is short delivery and what are its consequences?](https://support.zerodha.com/category/trading-and-markets/trading-faqs/general/articles/what-is-short-delivery-and-what-are-its-consequences)**
>
> What is short delivery and what are its consequences?

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