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

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).

Thanks for reply

Please tell me what you mean by
Thanks & Regards,
Preston

Sachin, Look at the order book.
Buy price is 220.5 and Sell price 220.8.
That means, currently someone is ready to buy at 220.5 and someone is ready to sell at 220.8.

so depending on what trade you are doing, one of these 2 price u will get.
Last traded price, is history dear. That is already traded by 2 parties and they are no more in order flow now.
And don't get confused with theoratical stuff of Cost of carry etc, while trading. The sentiments and psychology playes important role in market and that can affect the current traded price in the market.

Happy Trading