Underly

Settle
ymbol Date Expiry ing
Price
Value theoretical price
TCS 4-May-20 28-May-20 ### ### 1935.534
TCS 5-May-20 28-May-20 ### ### 1937.628
TCS 6-May-20 28-May-20 ### ### 1908.195
TCS 7-May-20 28-May-20 ### ### 1896.008
TCS 8-May-20 28-May-20 ### ### 1897.554
TCS 11-May-20 28-May-20 ### ### 1938.909
TCS 12-May-20 28-May-20 ### ### 1952.921
TCS 13-May-20 28-May-20 ### ### 1952.858
TCS 14-May-20 28-May-20 ### ### 1905.271
TCS 15-May-20 28-May-20 ### ### 1895.599
TCS 18-May-20 28-May-20 ### ### 1947.733
TCS 19-May-20 28-May-20 ### ### 1950.573
TCS 20-May-20 28-May-20 ### ### 1955.313
TCS 21-May-20 28-May-20 ### ### 1992.728
TCS 22-May-20 28-May-20 ### ### 2021.679
TCS 26-May-20 28-May-20 ### ### 1943.426
TCS 27-May-20 28-May-20 ### ### 2005.52
TCS 28-May-20 28-May-20 ### ### 2004.3
This is data for TCS for the period 1st May to 28 th May
for Spot and May futures

You can see the theoretical futures price being

spot price * exp *(rate of interest * no of days)
You can see that the actual market price is around the theoretical price

You can also see CONVERGENCE on the last date