F&O Turnover calculation

#1
As per my understanding, for calculation of turnover we can do profit/loss at scriptwise and add absolute values of all those script. I am trying to understand below things.
1) For nifty or any stock, different contract is considered as different script. I mean future contact for november and future contract for december will be considereed as same script or different script.

2) For option, for same month for different strike will be considered as different script or same script.
 

canikhil

Well-Known Member
#2
As per my understanding, for calculation of turnover we can do profit/loss at scriptwise and add absolute values of all those script. I am trying to understand below things.
1) For nifty or any stock, different contract is considered as different script. I mean future contact for november and future contract for december will be considereed as same script or different script.

2) For option, for same month for different strike will be considered as different script or same script.
different strike price should be considered as different scrips.
 

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