Hi jain.er,
Let's say you bought 1 lot of options (with lot size of 50) for 100 rupees and sold the same for 100 rupees.
Your turnover done would be 100 * 50 + 100 * 50 = 10,000.
Using the FAQ values that 1 cr correspond to Rs. 9,884, your total transaction costs would be (10,000 / 1 cr) * 9,884 = Rs 9.89.
A detailed break-down is that:
STT - Rs 0.85
Turnover charges = Rs 8
Service Tax = Rs 0.8
Other Charges = Rs. 0.24
Total = 9.89.
Your total costs would be Rs. 9.89.
Best,
RKSV
Let's say you bought 1 lot of options (with lot size of 50) for 100 rupees and sold the same for 100 rupees.
Your turnover done would be 100 * 50 + 100 * 50 = 10,000.
Using the FAQ values that 1 cr correspond to Rs. 9,884, your total transaction costs would be (10,000 / 1 cr) * 9,884 = Rs 9.89.
A detailed break-down is that:
STT - Rs 0.85
Turnover charges = Rs 8
Service Tax = Rs 0.8
Other Charges = Rs. 0.24
Total = 9.89.
Your total costs would be Rs. 9.89.
Best,
RKSV
To break even on an options contract that costs Rs. 100, you would have to sell at Rs. 100.20. Whether you do 1 lot, 10 lots or 100 lots, you would just have to break-even at Rs. 100.20 for buying at Rs. 100.
Best,
RKSV