WRITING A CALL OPTION IN OTM and LETTING IT EXPIRE WORTHLESS

[Arjun_Oberoi]

Hi @Arjun_Arjun1, welcome to Options trading.

This query is commonly asked by members here.

You may click on below thread which is identical to your query:

Brokerage for letting Options expire worthless

If in Expiry I let Options expire worthless and dont square them off, would there still be a brokerage charged ? If in Expiry I let Options is about to expire worthless do I need to squre if off say at 5 or 10 paise or can I let it just expire and do nothing ? Or would I be penalised if I do not square it off ? And from brokerage point of view which is better ? - to square it off or let it expire on its own