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

Madhav Hegde commented on 10 Jul 2016, 11:24 PM

Hello Nitin,

In India, “we follow a T + 2 settlement cycle when trading stocks,” then what is the settlement cycle for Option trading since “F&O are contracts and they stay in your trading account till the end of expiry.”
For ex, in intraday trading, I buy 1 lot Nifty Call option premium @ Rs 100 at 9:20 AM and sell @105, at 9:30 AM. In this case:
1. May I go for another position immediately after selling of that particular lot (i.e. at 09:31 AM)?
2. If not, how much time it takes money to reflect in my trading A/C of sold lot?
3. If yes, can I use my profit amount to do another trade (in this case, one market lot of 75 no’s, Rs Rs 105-100 = Rs 5×75= Rs 375/- profit excluding brokerage and other taxes).
4. When I will be able to withdraw my profit money from my AC in intra-day option trading?.



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