Hello.
I purchase IFCI 45 CA yesterday for 0.65 INR and market closed at 0.65 itself. Probably the time i bought the IFCI options lot the IFCI equities price was around 40.2, closed at 40.5. The lot size of IFCI is 1970. Did i made profit/loss/neutral excluding the brokerage charges. Could some help me with the calculation.
What if on monday the IFCI equities share price touches 45, how does it reflects my option CA bought. Will i make profit or loss or neutral and is there anything more i need to do to sell this CA and gain profit, like do i need to buy a PA then only will it complete one cycle of transactions?
Thanks
Abhinandan
I purchase IFCI 45 CA yesterday for 0.65 INR and market closed at 0.65 itself. Probably the time i bought the IFCI options lot the IFCI equities price was around 40.2, closed at 40.5. The lot size of IFCI is 1970. Did i made profit/loss/neutral excluding the brokerage charges. Could some help me with the calculation.
What if on monday the IFCI equities share price touches 45, how does it reflects my option CA bought. Will i make profit or loss or neutral and is there anything more i need to do to sell this CA and gain profit, like do i need to buy a PA then only will it complete one cycle of transactions?
Thanks
Abhinandan