Settlement of Call Option

Hi,

I'm a newbie to FnO and just started couple of weeks ago. I have a peculiar doubt and not sure how stupid it is...

Scenario goes like this,

I bought SBI -CA -at strike price 2900 with premium 73 for 1 lot (125 stocks). So I paid 73*125= 9125 as the premium money to my broker.

After 2 days, I saw the same SBI with strike price as 2900 the premium shot up to 214 for 1 lot (125 stocks). I sold the same and got 145*125 = 18125

Now what should be left over in my account

1. Is it 18125?
OR
2. 18125-9125 (premium paid) = 9000

I'm really confused. Pls help me

Thanks,
GM

Hi,

I'm a newbie to FnO and just started couple of weeks ago. I have a peculiar doubt and not sure how stupid it is...

Scenario goes like this,

I bought SBI -CA -at strike price 2900 with premium 73 for 1 lot (125 stocks). So I paid 73*125= 9125 as the premium money to my broker.

After 2 days, I saw the same SBI with strike price as 2900 the premium shot up to 214 for 1 lot (125 stocks). I sold the same and got 145*125 = 18125

Now what should be left over in my account

1. Is it 18125?
OR
2. 18125-9125 (premium paid) = 9000

I'm really confused. Pls help me

Thanks,
GM

hi

u bought somthing fr 73 and sold the same fr 214. hence u will get (214-73)*125.

regards

Oops.. Sorry its a typo...

Not 214, I went upto 145 and I sold at 145.. What should be my profit or loss?

Thanks a lot Savant!!

But the problem is its showing 18125 in my ledger.
I believe it should be 9000 (18125-9125)

I'm using Reliance Money. Does the settlement happens immediately or end of month?

Thanks,
GM