When you trade options, you may incur several charges, including:
- Option Premium: Paid to buy the option.
- Brokerage fees: Charged by your broker.
- Securities Transaction Tax (STT): Exchange Transaction Charges
- Goods and Services Tax (GST): 18% on brokerage and transaction charges
- SEBI turnover charges: 0.0001% (₹10 per crore of turnover) in future & Options
- Stamp duty: as per the regulations of the respective state
Note: Costs may vary slightly depending on the broker and exchange.