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How do I handle expired option contracts for Future and Options?

edited October 2014 in General
For Options contracts, which are not squared off before expiry, you may not receive the contract note of the expiry date from your broker to square off the contract. In this case, then you should enter zero value of buy or sell transactions of same quantity of options in MProfit. The message may appear in MProfit that the value is zero, ignore this message and save the contract note. 

By doing this, the P&L report will show total loss for the premium you have paid for lapsed options.
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