What is the difference between notional turnover and premium turnover in option contract

Assume you bought and sold 75 Nify 7000 calls at Rs 100.

Premium turnover : (75 x 100) + (75 x 100) = Rs 15000

Notional turnover : (75 x (7000 + 100)) + (75 x (7000 + 100) )= Rs 10.65 lakhs

Exchanges declare turnover on notional basis (one sided). But for all practical purposes from calculating STT to all other taxes only the premium turnover is taken.

4 Likes

=

i get the EOD data of the Turnover value figure of the cash equity of all the stocks !

=

My query Question is : does it also include the amount of the Bulk deals and block deals ?

=