May 25, 2015
Nifty Vs OI
The Nifty futures open interest has increased by 6.28%
BankNifty futures open interest has increased by 7.63%
as market closed at 8458.95 levels.
The Nifty May future closed at discount of 6.90 points
against a discount of 1.90 points. The June series closed
at a premium of 17.55 points.
The Implied Volatility of at the money options has
decreased from 15.30% to 13.16%.
Nifty PCR-OI was unchanged at 1.11 levels.
The total OI of the market is Rs. 2,35,108/- cr. and the
stock futures OI is Rs. 64,100/- cr.
Few of the liquid counters where we have seen high cost
of carry are JPPOWER, DIVISLAB, ASHOKLEY, UNITECH
FII's were net buyers in cash market segment of Rs.
211 crores, whereas there bought of Rs 327 crores
of Index futures with good amount rise in open
mainly due to expiry coming closure.
In options front, FIIs were net buyers of Rs. 894
crores with rise in open interest which indicates
long formation. PCR-OI remained unchanged,
while we saw good amount of buildup in 8400 &
8500 put options which may be blend of long and
short positions. In put options we also saw good
amount of unwinding in 8200 strike. Whereas in
call options we hardly saw any relevant buildup,
some unwinding was visible in 8300 call options.
Roll-over in Nifty and BankNifty is 17.2% & 14.81%
respectively. Nifty is near its strong resistance zone
of 8500 we don‟t major upside from current levels.
One should trade with negative bias in this market.
May 25, 2015
FII Statistics for 22-May 2015
Turnover on 22-May 2015
Nifty Spot = 8458.95
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 25, 2015
Bull Call Spread
Bull Call Spread
Ratio Bear Put Spread
Research Team Tel: 022 - 39357800
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