Day Trading Stocks & Futures

Tuna

Listen and act, don't ask it, it doesn't oblige
I am not posting charts - but 4 stocks are on my Radar, note the date and time of posting, will revisit:

1. Sobha (CMP - 324.5) - might go to 450 odd range. Setup considered invalid if weekly basis closure is below 300
2. Prestige (CM 289) - might go to 350-380, Setup invalidated below 235
3. MOIL (CMP 142.5) - might go to 240 , Stup Invldt 120
4. FMGOETZE (CMP 347.45, might go to 480 odd), invalid below 320


Sobha - 324 to 414 => 27% in less than 4 weeks
 
I am bit confused in making out of new rules for derivatives, on sale amount of an option trade.

So please let me know of the amount that I am allowed to use for other trades during day.
1. If I buy an option trade for 2000 and sell it for 2100, intraday - 2000 or 2100 or none available for day,
2. If I had an overnight option trade bought for 2000 and sell it today for 2100, - 2000 or 2100 or none available for day

Thanks
 

Raj232

Well-Known Member
I am bit confused in making out of new rules for derivatives, on sale amount of an option trade.

So please let me know of the amount that I am allowed to use for other trades during day.
1. If I buy an option trade for 2000 and sell it for 2100, intraday - 2000 or 2100 or none available for day,
2. If I had an overnight option trade bought for 2000 and sell it today for 2100, - 2000 or 2100 or none available for day

Thanks
For intraday position, the profit is not available to trade until realised on T+1
For overnight position, I think (not sure) the whole amount is not available as the proceeds needs to be received which will be done on T+1 (but better to check with broker on this one) .
 

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