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It's not that the fluid expands, it's where it is.  I am not an automotive engineer and I might be wrong, but I think that when the engine isn't running the torque converter slowly drains fluid into the pan.  At any rate, there is a reason why you check transmission level with the engine is hot and running and not when it's cold and not running. 


Cheap Experiment:  Use your B&M dipstick and check the transmission fluid level in the morning after the truck has sat overnight, and compare it with the reading you get when it's hot and running.


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