June 23, 2015
Nifty Vs OI
The Nifty futures open interest has decreased by 3.71%
BankNifty futures open interest has increased by 3.14%
as market closed at 8353.10 levels.
The Nifty June future closed at a premium of 0.05 points
against premium of 12.65 points. The July series closed
at a premium of 22.50 points.
The Implied Volatility of at the money options has
increased from 13.21% to 15.25%.
Nifty PCR-OI has increased from 1.04 to 1.14 levels.
The total OI of the market is Rs. 2,45,918/- cr. and the
stock futures OI is Rs. 65,041/- cr.
Few of the liquid counters where we have seen high cost
of carry are JPPOWER, PFC, SOUTHBANK, HEXAWARE
Yesterday, FII's were net buyer in both the cash
market and futures. They were net buyers of Rs.
651 crores of equity cash. Whereas, they bought
index futures worth Rs 1417 crores with fall in open
interest, suggesting short unwinding.
In Index options front, FIIs were net buyer of Rs.
1959 crores with rise in open interest. We saw
good amount of buildup in 8400, and 8500 call
options. Whereas, in put options, 8300 to 8200
strikes added decent amount of open interest. We
have also witnessed heavy unwinding in 8300 &
8200 call option. Maximum buildup in current
series in seen in 8500 call and 8200 put options.
Rollover in Nifty and BankNifty is on the higher
side at 26.68% & 17.58% respectively.
Surprisingly we saw Nifty strengthening nearly
1.45%, we saw buying figure in Nifty futures but
overall the OI has reduced. While we continue to
see significant amount of put buying in options.
Seeing overall data we would suggest being light in
Nifty till we see any clarity in data.
June 23, 2015
FII Statistics for 22-June 2015
Turnover on 22-June 2015
Nifty Spot = 8353.10
Lot Size = 25
Note: Above mentioned Bullish or Bearish Spreads in Nifty (June Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
June 23, 2015
June 01, 2015
Ratio Bull Call Spread
June 08, 2015
Ratio Bull Call Spread
June 15, 2015
June 22, 2015
Ratio Bear Put Spread
Research Team Tel: 022 - 39357800
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