Sharing on Options under Turnover based sharing scheme will be calculated on the total premium value and not on the total options value. An example is given below for easy  understanding

 

              Option Traded                                               Nifty 11000 CE

              Lot size                                                             75

              No of lots taken                                               10

              Price at which the call was bought                  49

 

             Total Options Volume traded                              (11000+49)* 75*10 = 8286750

             Total Options Premium Value                             75*49*50  = 183750

 

             Sharing by Tradeplus will be released based on 183750 which is the Options Premium Value.