Hi,
I'm a newbie to FnO and just started couple of weeks ago. I have a peculiar doubt and not sure how stupid it is...
Scenario goes like this,
I bought SBI -CA -at strike price 2900 with premium 73 for 1 lot (125 stocks). So I paid 73*125= 9125 as the premium money to my broker.
After 2 days, I saw the same SBI with strike price as 2900 the premium shot up to 214 for 1 lot (125 stocks). I sold the same and got 145*125 = 18125
Now what should be left over in my account
1. Is it 18125?
OR
2. 18125-9125 (premium paid) = 9000
I'm really confused. Pls help me
Thanks,
GM
I'm a newbie to FnO and just started couple of weeks ago. I have a peculiar doubt and not sure how stupid it is...
Scenario goes like this,
I bought SBI -CA -at strike price 2900 with premium 73 for 1 lot (125 stocks). So I paid 73*125= 9125 as the premium money to my broker.
After 2 days, I saw the same SBI with strike price as 2900 the premium shot up to 214 for 1 lot (125 stocks). I sold the same and got 145*125 = 18125
Now what should be left over in my account
1. Is it 18125?
OR
2. 18125-9125 (premium paid) = 9000
I'm really confused. Pls help me
Thanks,
GM