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| Discuss brokerage in ICICI for an option at the Options within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi, Does anybody know how much % ICICI charges for an options contract? Thanks craj... |
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#2
1st August 2006, 11:06 AM
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Re: brokerage in ICICI for an option
Quote:
ICICI charges 0.1% of the contract price. Here the contract price is determined by (strike price + premium)*volume. To make it simple, if you buy 1 lot of call/put option of Nifty 3100 strike price by paying 80 premium, the brokerage will be (3100+80)*100(since Nifty lot size is 100)*0.1% which is Rs.318/-. Over and above this brokerage, service tax and STT are applicable. You can know more on this by visiting http://content.icicidirect.com/maili...eeschedule.htm You can go through their customer service section for more useful information at https://secure.icicidirect.com/customer/customer.asp Regards, Abhay (AAD) 
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