Comment on STT Trap - Options Expiry - NSE BSE MCX-SX

P M commented on 01 Nov 2014, 04:22 PM

Suppose nifty is currently trading at 8050. latest single nifty lot size is of 25 qty. I predict the market to go up to 8200. I buy Call (Out of the money) of Strike price 7800 for a premium of 50 rupees , and don’t sell it even on the expiry day,If market reaches 8400 on expiry , what will be my profit or loss ???

is my calculation correct ?
net investment for single lot is 1250
theoretical profit Without any tax deduction=(8400-7800-50)*25=13750
what would be the net profit per lot if all the taxes for expiry date are considered ???
Plz reply….

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