P&L (FUT/OPT) stands for the total Profit and Losses of your Open positions in Futures & Options contracts, right from the time when your order was executed till it is squared off. It is inclusive of your unrealized profits or losses.

Tracking P&L (FUT/OPT) under Open Positions helps you monitor provisional profits or losses for better trade management.

You can check the total Profit or Loss of your F&O Open Positions through the P&L (FUT/OPT) tab from the following path: F&O >> Open Positions.

Currently, you cannot filter P&L (FUT/OPT) by specific contracts or time periods. For contract-wise or trade details, you can refer to the Order Book or Trade Book.

P&L (FUT/OPT) for an underlying is calculated by the difference between Average Cost Price and Current Last Traded Price (LTP) multiplied by the Quantity:

[Average Cost Price - LTP] × Quantity.

The P&L (FUT/OPT) values are updated on a real-time basis as per the Last Traded Price (LTP) of the contract. You can check the same from F&O >> Open Positions.

What do the positive & negative values in the P&L under Open Positions indicate?

In your P&L (FUT/OPT) tab under Open Positions:

1. The Positive values reflect the total profit on your open positions from the time your order was executed until it gets squared off (including unrealized profit).

2. The Negative values reflect the total loss on your open positions from the time your order was executed until it gets squared off (including unrealized loss). 

What is the difference between P&L (FUT/OPT) and Days Gain/Loss under Open Positions?

P&L (FUT/OPT) shows cumulative profits or losses since the trade was executed.

Day’s Gain/Loss shows gains or losses for that specific trading day only.

The P&L (Fut/Opt) does not include brokerage or other charges. The details of charges can be checked in your Contract Notes.

If your P&L (FUT/OPT) shows a value but Day’s Gain/Loss shows zero, it happens because:

1. P&L (FUT/OPT) shows your total profits or losses for all your Open Positions, right from the time your order was executed until it gets squared off. In case you carry forward your trade but do not trade in the same underlying the next day, P&L calculations will still be active until you exit that trade. Hence it will never be zero if you hold any positions.

2. Day’s Gain/Loss shows your total gains or losses for your Open Positions only for that particular day. The values get refreshed every midnight and it resets to zero. Hence even if you carry forward your trade but not trade in the underlying the next day, it will still be zero.

P&L (FUT/OPT) values do not reset until you have any Open Positions. It calculates the total Profit and Losses of your Open positions in F&O contracts, right from the time when your order was executed till it is squared off.

There can be a difference in values for P&L (Fut/Opt) and Days Gain/Loss, as the former shows your total profits or losses for all your Open positions right from the time your order was executed until it gets squared off; while the latter indicates the total gains or losses on your Open Positions only for that particular day.

The F&O P&L Statement is also available on the Mobile App after market hours. You can find it under: Menu >> Future & Options >> P&L Statement.

Please note that under Open Positions, P&L (FUT/OPT) shows your total profits or losses for all your Open Positions, right from the time when your order was executed till it is squared off. Also, please be informed that is inclusive of your unrealized profits or losses. If you still find the values to be incorrect or have any questions, please feel free to reach out to your Relationship Manager or write to us at [helpdesk@icicidirect.com]