i had the following position in the options nifty.
took the position selected as nrml in terminal but traded intraday.
buy 8950 ce atm, premium @120.75
after 5 minutes i sold out as below:
sell 8950 ce atm premium@ 120.85
lot size 75
so, profit= (120.85 -120.7) X 75=11.25 profit
but in brokerage calculation as below it shows net loss as -50.36 as shown in pic below, why is it so, can you help me solve this.
hello trader,
GROSS Profit / Loss less all expenses gives you the NET Profit / Loss.
Your calculation shows the Gross Profit / loss.
The brokerage calculator gives the Net Profit /loss.
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You have earned a profit of 7.5 in this trade and the total tax and charges is 61.61 so the overall profit to you is negative
The gain of 11.25 has been appropriated by taxes and other transaction costs.
thanks, great work