Futures Trading of a stock

DKCHANDRA · #1 14th October 2007, 12:15 AM

can u plz guide me how to trade a particular stock in futures w.r.t

example: stock : RPL

Intial margin amt (lot 3350) :

and

suppose i had bought 1 lot 4 175 rs/share in intra day it had touched 180 i want to sell it. it is possible r not?

if possible my profit in 1 day is 3350*5 = 16750

if not possible at wat date i am able to sell the lot?

is it right r not ?

viresh gaur · #2 14th October 2007, 02:29 PM

Quote:

Originally Posted by DKCHANDRA

can u plz guide me how to trade a particular stock in futures w.r.t

example: stock : RPL

Intial margin amt (lot 3350) :

and

suppose i had bought 1 lot 4 175 rs/share in intra day it had touched 180 i want to sell it. it is possible r not?

if possible my profit in 1 day is 3350*5 = 16750

if not possible at wat date i am able to sell the lot?

is it right r not ?

You can sell intraday.
Calculation is all correct.
but remember if it is turn round you will loose the same amount. The margin call will depend on the rate at day end if the lot remain with you.

viresh gaur · #3 14th October 2007, 02:30 PM

You can sell intraday.
Calculation is all correct.
but remember if it is turn round you will loose the same amount. The margin call will depend on the rate at day end if the lot remain with you.

paisewalla · #4 14th October 2007, 02:56 PM

When it is said buy oct, nov, future of particular scrip and hold of 2-3days, what does that mean? Even in that case the above calculations are true?

what is the margin amount to be paid for the lot? does it vary by scrip to scrip?

Ankit Jain · #5 14th October 2007, 03:24 PM

Quote:

Originally Posted by paisewalla

When it is said buy oct, nov, future of particular scrip and hold of 2-3days, what does that mean? Even in that case the above calculations are true?

what is the margin amount to be paid for the lot? does it vary by scrip to scrip?

Oct, Nov and all are the expiry period..all futures contract expires on the last Thrusday of every month..Thus October expiration would expire on the last Thursday of October. Depending on the time period for which you want to take an exposure in future contracts, you can place buy and sell orders in the respective contracts.

Pricing of the contracts varies from month to month i.e. if you select the exipiration of NOV in OCT then u have to pay more to buy a contract due to interest and cost of carry factor.

Margin amount varies from scrip to scrip... you can ask your broker to provide you with FnO Margin Details.

Reagrds
Ankit Jain

DKCHANDRA · #6 14th October 2007, 08:40 PM

WELL GOOD REPLIES....

margin amt will be varied from scrip to scrip. i just want to know the appox. amt in percent because i had surfed the NSEINDIA site fully for that but no result broker also adviced for go through NSE site.

wat is margin amt for rpl lot 1 (3350) on last friday approx: 15 or 20 % ???

waitng 4 reply..

DKCHANDRA · #7 14th October 2007, 08:53 PM

one more small ques

The margin call will depend on the rate at day end if the lot remain with you.

means if we sell in intra day with profit before closing of day profit will depends on closing price??? ulimately after selling lot will not remain with us . wat about profit with out holding the lot at days end???

DKCHANDRA · #8 14th October 2007, 08:59 PM

one more small ques

The margin call will depend on the rate at day end if the lot remain with you.

means if we sell in intra day with profit before closing of day profit will depends on closing price???

Ankit Jain · #9 14th October 2007, 09:48 PM

Quote:

Originally Posted by DKCHANDRA

WELL GOOD REPLIES....

margin amt will be varied from scrip to scrip. i just want to know the appox. amt in percent because i had surfed the NSEINDIA site fully for that but no result broker also adviced for go through NSE site.

wat is margin amt for rpl lot 1 (3350) on last friday approx: 15 or 20 % ???

waitng 4 reply..

Hello Mr. Chandra

RPL margin as per span for 15-10-2207 is around Rs. 144912.62, that is 20% margin + 5% additionla margin.

Warm Regards

Ankit Jain

zaptrader · #10 15th October 2007, 01:01 AM

if we bought a lot , is mandatory to hold that stock till it reaches its initial margin?? if we sold in prior (either for stop loss/ early profit booking) .what fees will incurr on me? can someone explain pls