I never trade options. But after severe coaxing by RM i fell into the trap and let him make a trade on my behalf....incurred heavy loss....grave mistake i made
My account is with Indiabulls.
I bought OPTIDX 3600 NIFTY 28 May2009 PUT option :
10,000 shares @ Rs 6 and sold at Rs 5.74 avg. in INTRADAY
what would be my total loss ? what will be the brokerage ?
how to calculate brokerage on options ?
i have been slapped with Loss of RS 51,511 !!
and brokerage of Rs 40,000 (and service tax 4120)...
is it real ??
PLS HLP
My account is with Indiabulls.
I bought OPTIDX 3600 NIFTY 28 May2009 PUT option :
10,000 shares @ Rs 6 and sold at Rs 5.74 avg. in INTRADAY
what would be my total loss ? what will be the brokerage ?
how to calculate brokerage on options ?
i have been slapped with Loss of RS 51,511 !!
and brokerage of Rs 40,000 (and service tax 4120)...
is it real ??
PLS HLP