Comment on Query of the Day

Nithin Kamath commented on 24 Aug 2016, 06:41 PM

Raju, when trading F&O all losses are marked to market everyday. So yeah, you will have to book the loss on X month futures and then take a fresh position in the next month future at the price at which it is trading. This month and next month future won’t be trading at the same price, the difference will be your rollover cost (which is like a loss).

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