If this question is too basic please pardon me. I am a newbie.
Let us say if I have 250 XYZ shares bought at Rs.900.I want to hold it
for 2 months as there is a rumour of bonus.The 2 months future price
is 950 and I am happy with that price. But I fear the price of XYZ
might come down. Should I buy a futures contract or sell a futures
contract?
Let us say if I have 250 XYZ shares bought at Rs.900.I want to hold it
for 2 months as there is a rumour of bonus.The 2 months future price
is 950 and I am happy with that price. But I fear the price of XYZ
might come down. Should I buy a futures contract or sell a futures
contract?