Loss or profit?

General
1

Situation:

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?

OR

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.

2

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

1 Like
3

thank you Siva