Aug 04, 2014
Nifty Vs OI
The Nifty futures open interest decreased by 4.87% while
BankNifty futures open interest has increased by 4.58%
as market closed at 7602.60 levels.
The Nifty August future closed at premium of 20.00 point
against a premium of 29.25 points. The September
series closed at a premium of 55.75 points.
The Implied Volatility of at the money options has
increased from 13.22% to 14.31%.
Nifty PCR-OI has increased from 0.78 to 0.80 levels.
The total OI of the market is Rs. 1,45,359/- cr. and the
stock futures OI is Rs. 51,095/- cr.
Few of the liquid counters stocks where we have seen
high cost of carry are GMRINFRA, INDUSINDBK, IOB,
JPASSOCIAT and TATAPOWER.
FIIs are continuously selling in cash market segment
from last two trading session in a reasonable way,
they were net seller of worth Rs. 1072 crores on
Friday. In F&O segment significant amount of
unwinding of long position formed earlier was
witnessed in Index Futures.
On Friday FIIs were quite active in Index Options
segment, wherein they bought of Rs. 3050 crores
with significant rise in open interest indicating buying
in options. PCR-OI has increased with rise in implied
volatility which suggests buying in put options. We
observed good amount of buildup in the range of
7300-7600 put options and we believe FIIs have
bought these put options on Friday. On the other
hand in call options good amount of buildup in 7700
& 7800 strike price was seen, while 8000 call options
also added decent buildup in last trading session.
Maximum open interest in current series in seen in
8000 call & 7300 put options.
Aug 04, 2014
FII Statistics for 01-Aug-2014
Turnover on 01-Aug-2014
Nifty Spot =7602.60
Lot Size = 50
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Aug Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
Aug 04, 2014
Research Team Tel: 022 - 39357800
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