Feb 09, 2015
Nifty Vs OI
The Nifty futures open interest increased by 0.61% levels
BankNifty futures open interest has decreased by 7.11%
as market closed at 8661.05 levels.
The Nifty February future closed at premium of 50.85
points against a premium of 39.60 points. The March
series closed at a premium of 112.95 points.
The Implied Volatility of at the money options has
decreased from 18.55% to 18.33%.
Nifty PCR-OI has decreased from 0.89 to 0.87 levels.
The total OI of the market is Rs. 2,17,522/- cr. and the
stock futures OI is Rs. 69,644/- cr.
Few of the liquid counters where we have seen high cost
of carry are JPPOWER, GMRINFRA, RELIANCE,
HINDZINC and BOSCHLTD.
FIIs activity in cash market segment was subdued. In
Index Futures they sold of worth Rs. 1179 crores with
fall in open interest suggesting unwinding of long
positions in last trading session.
There was decent selling in Index Options of worth
Rs. 1332 crores with rise in open interest indicating
fresh short formation. PCR-OI decreased mainly to
due to open interest addition in call options, while
implied volatility remained more or less inline on the
closing basis. We witness maximum open interest
9000 options, which may be short
positions. 8800-8900 and 9200 strike prices of call
options also added decent buildup. On the other
hand in put options 8300 & 8400 strike price added
some buildup hoping market correcting further.
Friday we saw FIIs booking profit and the quantum
was also decent but still we don’t see selling in Index
Futures. 8600-8650 is a support for market; we
believe market will now remain in range of 8600-
Feb 09, 2015
FII Statistics for 06-Feb-2015
Turnover on 06-Feb-2015
Nifty Spot =8661.05
Lot Size = 50
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Feb Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
Feb 09, 2015
Ratio Bull Call Spread
Research Team Tel: 022 - 39357800
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