If you sold an option and collected a premium and the option expired (and was not assigned), then you should select "Sold" rather than "Expired." When selecting Expired, TurboTax views an expired option as worthless because from the buyer's perspective, the option did expire worthless. To the seller of that option, the premium received represents the proceeds and the cost basis would be zero. If there were commissions/fees paid in connection with effecting the option then those commissions/fees are part of the cost basis and can be entered into TurboTax in the appropriate field.
@yunism
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