I have a query regarding Circular Ref. No: 127/2024, specifically about the adjustments on open futures and options (FnO) contracts following the bonus date for Reliance
I will share my buying insights
- Purchased Contract: 2700 CE expiring on 31st Oct
- Buying Price: ₹25
- Lot Size: 250
- Investment Used: 250×25=₹6250
After Bonus Date (28th Oct 2024):
- Strike Price Adjusted: 1350 CE 31st Oct expiry
- Quantity: 500
- Buying Price: ₹25
- Investment Used: 25×500=₹12500
It appears my investment value has effectively doubled after the bonus adjustment. Could you provide insight into this change in margin requirements and how it impacts the initial investment post-adjustment?
@Dhan_Cares / @Dhan : Please help in justifying how come investment value is increased