on sep 30nifty option expiry i had
300 6000 ce at avg price of 21
due to some emergency i couldn't monitor my trade in the afternoon
the last half an hour led to a buying and nifty finished above 6000
bringing my option in to profit
however i was unable to do sell them on my own
i found a contract note from reliance money
OPTIDX NIFTY 30 Sep 2010 6000.00 CE SELL 300 29.9500 8985.00 600.00
61.80 2261.00 6062.20
IT shows 300 ce sold by RELIANCE MONEY (i suppose )at 29.25
8985 is the amount of sale
600 is THE brokerage on 6 lots 61.8 is service tax
however 2261 rs have been deducted as STT
A FRIEND TOLD ME THAT THIS IS ON THE AMOUNT OF NIFTY VALUE NOT JUST ON PREMIUM THAT IS WHY SO MUCH STT (OPTION EXERCISED )
I WISH TO KNOW THIS ......
THANKS
300 6000 ce at avg price of 21
due to some emergency i couldn't monitor my trade in the afternoon
the last half an hour led to a buying and nifty finished above 6000
bringing my option in to profit
however i was unable to do sell them on my own
i found a contract note from reliance money
OPTIDX NIFTY 30 Sep 2010 6000.00 CE SELL 300 29.9500 8985.00 600.00
61.80 2261.00 6062.20
IT shows 300 ce sold by RELIANCE MONEY (i suppose )at 29.25
8985 is the amount of sale
600 is THE brokerage on 6 lots 61.8 is service tax
however 2261 rs have been deducted as STT
A FRIEND TOLD ME THAT THIS IS ON THE AMOUNT OF NIFTY VALUE NOT JUST ON PREMIUM THAT IS WHY SO MUCH STT (OPTION EXERCISED )
I WISH TO KNOW THIS ......
THANKS