How is the value of open positions in F&O calculated in back office P&L statement?


I have recently started trading in F&O. The P&L statement shows exact value of closed positions. How ever I could not understand the way in which open positions are valued. Can any one clarify?

Thanks in advance


If this question is pertaining to the P&L report at Zerodha, then any open position shall be MTM’ed against the latest closing price of the contract available and profit/loss is shown.

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