my first day on option trading.

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biyasc

Well-Known Member
#1
#1
hello friends,

since 2002, this is my first day in option trading. but i have some confusion about my actual profit/loss. i bought 1 lot (2062 shares) gujrat ambuja cement call option @1.25 & sold it @2.40. now my booked profit is showing +2371. but someone just told me that my profit will be vanished after deducting the brokerage. can you please help me about this. i am using sharekhan.

thanks in advance.
 

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B

biyasc

Well-Known Member
#2
#2
biyasc said:
hello friends,

since 2002, this is my first day in option trading. but i have some confusion about my actual profit/loss. i bought 1 lot (2062 shares) gujrat ambuja cement call option @1.25 & sold it @2.40. now my booked profit is showing +2371. but someone just told me that my profit will be vanished after deducting the brokerage. can you please help me about this. i am using sharekhan.

thanks in advance.
Click to expand...
query get solved. just got the connection of my rm. he told me that i will be charged rs.100 for buy & rs.100 for sell side. total 200. but i still cant believe them until i see my contract note. thanks.
 
SavantGarde

SavantGarde

Well-Known Member
#4
#4
Your RM Is `Correct In His Estimation, One can Even Exit Positions With .25ps Difference To Make Profit.

Congratulaions! You Have Done Very Well Considering Today Was Your First Trade In Options.

Happy & Safe Trading

SavantGarde

biyasc said:
query get solved. just got the connection of my rm. he told me that i will be charged rs.100 for buy & rs.100 for sell side. total 200. but i still cant believe them until i see my contract note. thanks.
Click to expand...
 
A

amitt29

Member
#7
#7
One more thing,sharekhan I believe charges 100rs for intraday square off,if u carried it the brokerage will be different.

No trolling pls.
 
B

biyasc

Well-Known Member
#9
#9
rajesh.sadhanala said:
I believe the total broker charges should be around 254 including taxes. I believe the maximum that can be charged per lot is rs 100 if I m not wrong.
Click to expand...
THANKS TO ALL FOR HELPING ME. AND RAJESH YOUR CALCULATION IS ABSOLUTELY RIGHT. THEY DEDUCT AROUND 250 RS. FOR THE TRADE.
 
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