Comment on Option Strategy - Zerodha Trader

Praveen commented on 20 May 2014, 01:54 PM

sir i bought 1 lot of Nifty 7300 CE at 75 yesterday and sold it today at 82 but in my admin position it was showing Buy average price as 82.55 and there by it is showing a loss of 27.5

I mailed to Customer care and they told me that daily settlement prices changes everyday

Actually i m new to option trading and i thought i will make a profit of (82-75)x50= 350 but i made a loss of 27.5 instead of selling at 7 Rs higher. I just cant understand how my buying Average price shoot upto 82.55 although i bought only 1 lot of Nifty at 75 and squared it off at 82

If m wrong somewhere then sorry but please make me understand the above

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