Encash 2.86% Arbitrage opportunity in Ambuja Cement.To execute, Buy one lot Ambuja Ce

rebeck10

rebeck10

Member
#1
#1
This was ICICI direct brokerage call.
Encash 2.86% Arbitrage opportunity in Ambuja Cement.To execute, Buy one lot Ambuja Cement June futures at Rs 145.8 and sell 2000 shares (demat holding) at Rs 150.10.

I was wondering How is sell 2000 shares (demat holding) possible .What do they mean by that?
As far as I know , you can only short sell a stock in Equity for max 1 day.
 
rebeck10

rebeck10

Member
#2
#2
Re: Encash 2.86% Arbitrage opportunity in Ambuja Cement.To execute, Buy one lot Ambuj

hi Karma,
I dont have 2000 shares in my demat account. So in order to execute this trade what should I do?

Buy the shares and then short sell it.

But that would mean squaring off at the same position ????
 
D

dashr

Banned
#3
#3
Re: Encash 2.86% Arbitrage opportunity in Ambuja Cement.To execute, Buy one lot Ambuj

What does the lender get for it? Does he incur charges/brokerages for lending?
 
ethan hunt

ethan hunt

Well-Known Member
#4
#4
Re: Encash 2.86% Arbitrage opportunity in Ambuja Cement.To execute, Buy one lot Ambuj

forget it, shorting without delivery is risky
 
R

rh6996

Well-Known Member
#5
#5
Re: Encash 2.86% Arbitrage opportunity in Ambuja Cement.To execute, Buy one lot Ambuj

rebeck10 said:
This was ICICI direct brokerage call.
Encash 2.86% Arbitrage opportunity in Ambuja Cement.To execute, Buy one lot Ambuja Cement June futures at Rs 145.8 and sell 2000 shares (demat holding) at Rs 150.10.

I was wondering How is sell 2000 shares (demat holding) possible .What do they mean by that?
As far as I know , you can only short sell a stock in Equity for max 1 day.
Click to expand...
You cannot short equity even for a day, you can only do it intraday!!! You must cover it before close if you dont have it in your DP!!!

If I held 2000 shares of Ambuja Cement , I would prefer Selling an Option , maybe say a Strike 150/-call at ~ Rs 3.55 p
 
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