How is Buy average calculated for F&O on Console?
Buy average for F&O positions is calculated on a pure FIFO (First In First Out) basis. For example, let’s consider the following trades:
In the above case, the buy trade executed on 07/08/2018 will be the open quantity at the end of the day hence, the average price of the open quantity on 08/08/2018 will be Rs. 11100. Irrespective of the product type used (NRML/MIS) for the trades on 07/08/2018, this logic does not change.
The same FIFO logic is applicable for carry over and intra-day trades.