Quote from flyingforget:
premium is 600 the multiple is 50
does that mean 50*600?
If the underlying has the same multiplier then you can calculate your p/l in points first and then use the multiplier to find the actual $ p/l.
So if the premium is 600 then if you bought the futures at 23800 and exercise the put your loss would 200 points (24200-23800-600).
Similarly for the other scenarios.
