Hello. I have sell 650PE of Wipro at Rs 15. Now if want to do rollover. So my steps are correct please guide me.
First i need to square up this position and book at loss .
Then i sell let 600PE of Wipro of feb month. Currently its around Rs 19 premium. So this is rollover correct. And is suppose i made a profit at feb month end by doing this. So in statement it will show rollover
Current price of 650 pe is 45, so you need to sell for more than 45 for next month.
it also apply for march month
Thanks