Loss or profit?


Monday -> SOLD OTM option for Rs. 60

Tuesday -> During the day squared off option for rs.40[i.e BUY]. Towards EOD[3.30pm] sold again for Rs.20.

How is the profit / loss calculated here:

a. Overnight profit of rs.20 & Fresh position at Rs.20?


b. Overnight position at Rs.60 + intraday loss of Rs.20 [Intraday BUY at Rs.40 & SELL at Rs.20]?

Same lot size & strike in all three trades. Order type NRML.

Please post your views.

Rs 20 for first trade and profit or loss for 2nd trade will be calculated upon closing the position.

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thank you Siva