Eg. I buy Nifty 23000 CE 300 qty @ Rs. 547. Money used: Rs.300 x Rs.547 = Rs.1,64,100
Now I decide to exit 23000 CE 300 qty @ 647. Profit made: Rs.100 = Rs.30000
So total money I will have now is Rs.1,64,100 + Rs.30,000 = Rs.1,94,100
Can I use this full Rs.1,94,100 to buy another nifty strike in the same expiry immediately? or can I use this full money to roll over to the next expiry immediately?
Or, it will take settlement time and make me this full money available the next day only?
So, as I book Rs.1,94,100, if the full amount will be available the next day only for trading, can I immediately use the original capital of Rs.1,64,100 (except profit) immediately for any trade of any strike of any month or any stock?
Hi @Angel_Kaushish
You will be able to use Rs. 164100/- immediately for other trades after booking gains.
That’s correct.
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I have a CE option in Nifty which I want to book and shift to another expensive strike.
I realized that when I exit my CE, I do not get the money back for fresh trading. It takes a day for the money to be reused.
Please provide the details of the margin thing here? if we have the same month ce shifting, do we get full margin or wait for 1 day to use the money? and next month shift, then?
Thank you. I thought the whole amount will be blocked till the next day 9 am.
So, that means if I have 1 lakh capital and I buy option CE or PE deepitm/otm/atm, etc, and I make a loss of 10,000. Will I be immediately be able to use Rs.90,000 for any other trade? what about settlement time here if you need to cut more amount than 10000 for tax, stt and so on? Or full 90,000 I can use immediately for any options trade of any other month/futures, etc.?
Same is the case of profit. I used 1 lakh to buy PE, and made 2.5 lakhs. So, this 1 lakh I can use immediately for anything? and 1.5 profit the next day only?
and this is not intraday but positional. Same rules apply here too?
Settelemr of profit loas in mtf