In your F&O calculation for 7 days, How much I should pay to the Broker every day, to keep the same original contract? i.e. starting from Monday to saturday (with fresh example). Kindly give 3 different examples, with different Price, Up/down rate, etc. What is the SAFE Margin money to keep with Broker? Thank U
1. You pay brokerage only when buying & selling (or square-off). Broker doesn''t charge anything to carry forward your derivatives positions to next day.
So for example, you hold the contract for 7 trading days, you will pay Rs 20 brokerage on the day 1 (buy transaction) and Rs 20 on day 8 (sell transaction).
2. The safest margin money you can keep with broker is 100% margin as you do in case of equity delivery :)
The margin changes every day based on where the market stands. If market falls significantly the margin increases. You have to keep a close eye on the daily margin report.
i.e. starting from Monday to saturday (with fresh example).
Kindly give 3 different examples, with different Price, Up/down rate, etc.
What is the SAFE Margin money to keep with Broker?
Thank U