July 31, 2014
Nifty Vs OI
The Nifty futures open interest increased by 8.29% while
BankNifty futures open interest has decreased by 0.11%
as market closed at 7791.40 levels.
The Nifty July future closed at discount of 3.10 point
against a discount of 5.45 points. The August series
closed at a premium of 33.75 points.
The Implied Volatility of at the money options has
increased from 11.67% to 12.63%.
Nifty PCR-OI has increased from 0.91 to 0.99 levels.
The total OI of the market is Rs. 2,18,833/- cr. and the
stock futures OI is Rs. 57,347/- cr.
Few of the large caps stocks where we have seen low
roll-over are IGL, M&M, APOLLOHOSP, JUSTDIAL and
Yesterday market from the low of 7707 bounced
back and closed on positive note. FIIs sold in cash
market segment, they were net seller of worth Rs. 381
crores. In F&O segment interestingly we saw fresh
long formation in last trading session.
In Index options FIIs were net buyer with rise in open
interest indicating fresh long formation. Yesterday
PCR-OI increased with rise in implied volatility
indicating buying in put option, 7750 strike price of
put options showed huge buildup and we believe
these are long positions by FIIs to hedge their long
positions in Futures. In call options we saw significant
unwinding in the range of 7600-7900 which may be
profit booking. Maximum buildup in current series is
witnessed in 8000 call and 7700 put options.
Roll-over in Nifty and BankNifty is 52.73% & 43.77%
July 31, 2014
FII Statistics for 30-July-2014
Turnover on 30-July-2014
Nifty Spot =7791.40
Lot Size = 50
Note: Above mentioned Bullish or Bearish Spreads in Nifty (July Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
July 31, 2014
Ratio Bull Call Spread
Long Put Ladder
Profit booked on 25-07-2014.
Ratio Bull Call Spread
Research Team Tel: 022 - 39357800
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