Rollover spread between Banknifty December19 expiry and Jan 20 expiry

F&O
1

Hi

The Banknifty future December 19 series closed at 31997, and the Jan 20 series is available at a price of 32186. Can you please explain this huge gap?

2

This difference in price between the futures price and the spot price is called the basis or spread

To know more about future pricing, suggest you to read this chapter in varsity https://zerodha.com/varsity/chapter/futures-pricing/

1 Like
3

Thanks Prashi:)