Trader Gurus,
I am new member with limited knowledge in derivatives and for this forum.
Could some one clear my doubt?
For Example:
If I had to buy 1 contract of Nov Nifty at 3700. And I was not able to close my position till the settlement date.
On the settlement date (Index closed at 3750 or lower than 3700), what is the amount I would need to settle on the settlement date with the broker on both the cases.
Could anyone kindly help me out in this query?
I am new member with limited knowledge in derivatives and for this forum.
Could some one clear my doubt?
For Example:
If I had to buy 1 contract of Nov Nifty at 3700. And I was not able to close my position till the settlement date.
On the settlement date (Index closed at 3750 or lower than 3700), what is the amount I would need to settle on the settlement date with the broker on both the cases.
Could anyone kindly help me out in this query?