How to compute turnover of f and o?


(Guest)

The turnover for F and O is to be taken as: The total of positive and negative differences , plus Premium received on sale of options is also to be included in turnover ,plus In respect of any reverse trades entered, the difference thereon But not the total value of contract.

Can you please explain with respect to this case how the turnover should be taken?

FUTIDX NIFTY 26FEB2015      
Transc date TR TYPE BUY SELL RATE NET AMOUNT
09/01/2015 C 200   8310.3 -1662060.00
09/01/2015 O   200 8310.3 1662060.00
09/01/2015 C 200   8366.45 -1673290.00
12/01/2015 O   200 9409.6 1881920.00
22/01/2015 C 200   8409.6 -1681920.00
22/01/2015 O   200 8366.7 1673340.00
22/01/2015 C 200   7366.7 -1473340.00
22/01/2015 O   200 8358.05 1671610.00
28/01/2015 C 200   8559.55 -1711910.00
26/02/2015 O   200 8559.55 1711910.00
        Net profit/loss 398320.00
           

This is just for one month. should the turnover be 398320/-?

Bec if i take all the + and - figures for each date, it will cross 1 crore.