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Please help to find the value of this future

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  #1  
Old 8th April 2008, 07:44 PM
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Default Please help to find the value of this future

Hi All,

I am trying to learn some F&O fundaas. If below question sounds funny or incorrect please correct it

I have attached F&O quote of JP Assocaite.
At what price I will get 1 lot of JPassociate if I buy it

will it be 221.30+8.81(cost of carry) = 230.11*750(lot size)?

similary what will be sell price..

Please help to find it

Thanks
Sachin
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  #2  
Old 16th April 2008, 06:04 PM
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Default Re: Please help to find the value of this future

Forget the cost of carry. If you buy it at 221.3, then it is 221.3*750 (lotsize) + brokerage, stt, etc., etc., and, for selling it is, 221.3*750 - brokerage, stt, etc., etc. Cost of carry is with respect to the underlying (Cash price of JP Associates).
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Old 18th April 2008, 08:19 PM
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Default Re: Please help to find the value of this future

Thanks for reply
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