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options brokerage calculation

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  #1  
Old 26th November 2005, 01:03 AM
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Post options brokerage calculation

I am very much confused about how the brokerage calculations are made in call & puts in options.Will be helpful if some one guides me.

Thanks
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  #2  
Old 26th November 2005, 07:48 AM
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Default Re: options brokerage calculation

Quote:
Originally Posted by dito_cal
I am very much confused about how the brokerage calculations are made in call & puts in options.Will be helpful if some one guides me.

Thanks
It is important to understand that brokerage is calculated on the entire contract value and not just on the premium.

For example the brokerage of 0.10% on a Rs. 500.00 strike price option of ACC would be:

Rs. 500 * 600 (contract size) * 0.10% (brokerage) = Rs. 300.00

This is just the basic brokerage. All other taxes will be extra.
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  #3  
Old 26th November 2005, 03:46 PM
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Default Re: options brokerage calculation

Thanks for ur reply,it was of immense help
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  #4  
Old 29th January 2006, 02:16 PM
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Default Re: options brokerage calculation

Hi,
Brokerage caliculated on strike price plus option premium too
500 (strike price)+premium *600 (lot size) * 0.10%(brokerage)and taxes.

regards
Vikaas
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  #5  
Old 21st February 2007, 10:06 AM
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Default options brokerage calculation changed from 02-01-2007

http://www.traderji.com/options/1065...s-traders.html
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