Comment on ZT-Spread Orders

Nithin Kamath commented on 03 Nov 2014, 01:15 PM

IF say tata steel Oct was at 400 and Nov at 403.15, you bought Oct and short Nov. Say on expiry if you sold Oct at 410 and bought back Nov at 412.5, yes this would have been a profitable trade. But if your Oct was short and Nov was buy, then you would have lost on this.

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