May 22, 2015
Nifty Vs OI
The Nifty futures open interest has decreased by 0.14%
BankNifty futures open interest has decreased by 1.95%
as market closed at 8421.00 levels.
The Nifty May future closed at discount of 1.90 points
against a premium of 1.05 points. The June series closed
at a premium of 19.60 points.
The Implied Volatility of at the money options has
decreased from 15.76% to 15.30%.
Nifty PCR-OI has increased from 1.08 to 1.11 levels.
The total OI of the market is Rs. 2,26,149/- cr. and the
stock futures OI is Rs. 61,291/- cr.
Few of the liquid counters where we have seen high cost
of carry are IBREALEST, DABUR, SRTRANSFIN, PTC and
FII's were net sellers of Rs. 186 crores in cash
market segment, whereas there sold of Rs
crores of Index futures with amount rise in open
interest suggesting fresh short formation.
In options front, FIIs were net buyers of Rs. 439
crores with rise in open interest which indicates
long formation. Yesterday PCR-OI increased
mainly due to open interest addition in put options,
we saw significant amount of buildup in the 8200
put options which may be blend of long and short
positions. Some buildup was also seen in 8300 put
option followed by unwinding in
Whereas in call options we hardly saw any
meaningful activity. Maximum open interest in
current series is seen in 8500 call and 8200 put
Seeing the overall data we believe market may
remain in range. One should be light in Nifty and
trade stock specific.
May 22, 2015
FII Statistics for 21-May 2015
Turnover on 21-May 2015
Nifty Spot = 8421.00
Lot Size = 25
Note: Above mentioned Bullish or Bearish Spreads in Nifty (May Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
May 22, 2015
Bull Call Spread
Bull Call Spread
Ratio Bear Put Spread
Research Team Tel: 022 - 39357800
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