Option CE TCS Bullish

Hi All,

I have a query which needs clarification: If I am bullish on TCS for which spot price is 3652.85 and I wanted to buy 3640 OCT CE with premium of 96 as on today. Assuming I wanted to roll over to next month (NOV CE), should I have to close this current position and buy next month or how does it work. Please clarify

Hi @Mahesh2020,

Your understanding regarding Rollover is correct. Rollover is basically switching from the front-month contract that is close to expiration (October in this case) to another contract (Let’s say November)

You can read more about rollover here

Thank you @Meher_Smaran for your prompt response.