Comment on BTST/ATST( Buy/Acquire Today Sell tomorrow)

iTrade commented on 13 Dec 2015, 10:05 AM

Thanks Nitin for Prompt reply. I have recently opened a/c with Zerodha but want to clear some basic Q’s before I start trading :-).

Compare to Cash segment with Futures, if we buy any Lot with Future do we have to give any additional cost beside underlying stock prize like we pay premiums for Options CALL/PUT?
Example – for ABC stock, 1 lot of 1000 with Rs 200/share cost 2,00,000 and with margin 15%, i just have to make sure in account Rs 30,000 or +/- if prize fluctuates before expiry/ sell. No extra amount beside this, Right?
So suppose if next day prize of underlying stock increased to Rs 201/share, my account will be in green color 🙂 compare to Options where i have to wait till prize of underlying cost surpass the additional premiums per share. Right?

Also, how does trade settlement happens with Future contracts, does it happen on same day of selling or do we have to wait till expiry date/ T+2 like CNC, even if we sell the contract before expiry date?


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