Turnover Calculation for Options (Call Seller)

For a call seller, the turnover is calculated as the sum of the absolute net profit/loss and the premium received. For example, if there's a net loss of 700 (after receiving 300 premium), the turnover is 700 (absolute loss) + 300 (premium) = 1000.

For a call seller in a scenario where the option expires out of the money (and the call buyer does not execute), the turnover is calculated as the absolute net profit (which is the premium received) plus the premium received again. For example, with a 300 premium received, the turnover is 300 + 300 = 600.