hello,
An option contract was written in the last financial year (march). It was carried fwd and squared up in april this year. the p&l report shows the sell figure as the price of the contract at the start of the year and not the price at which the contract was originally written.
Delaroche,
We kind of bounced around to figure out what was the best P&L to provide, based on the price acquired or based on the MTM price on a particular day.
For taxation, most people use it based on the MTM of the starting and closing day for open positions.
So we will be providing 2 kinds, actually 3 kinds of P&L on Q.
1. Absolute P&L, which will consider the actual entry price, even if the day you had entered into falls before the time period chosen.
2. Indicative P&L, based on MTM price of any open position based on the starting day of the period you have chosen. What you are presently seeing for F&O is indicative. we will have absolute up by this weekend.
3. Taxation, a tax ready statement which would have calculate turnover, short term, long term and speculative gain/loss.
So finally, before the end of this week we will have the first release of Q. Let us know if you spot any bugs or if you need any special features on this that we might have missed .