Sept 04, 2014
Nifty Vs OI
The Nifty futures open interest increased by 1.72%
while BankNifty futures open interest has increased
by 0.20% as market closed at 8114.60 levels.
The Nifty September future closed at premium of
25.85 point against a premium of 38.40 points. The
October series closed at a premium of 66.30 points.
The Implied Volatility of at the money options has
increased from 12.47% to 12.62%.
Nifty PCR-OI has increased from 0.86 to 0.89 levels.
The total OI of the market is Rs. 1,74,531/- cr. and
the stock futures OI is Rs. 54,282/- cr.
Few of the liquid counter stocks where we have
seen high cost of carry are UNITECH, JSWENERGY,
LUPIN, MCLEODRUSS and L&TFH.
Yesterday Nifty continued its upward move and
8100 mark, FIIs also actively
participated in this upward move. They bought
significantly in cash market segment of worth Rs.
1288 crores. In Index Futures they were net seller
with rise in open interest indicating some short
formation in yesterday’s trading session.
In Index options some fresh long buildup was
seen yesterday. PCR-OI increased with rise in
implied volatility which suggests buying in put
options. 8000 & 8100 strike prices of put options
added good amount of buildup yesterday. On
the other hand in call options 8300 strike remains
active from last three-four trading sessions,
yesterday also it added decent amount of
open interest. Maximum buildup in current series
is seen in 8200 call and 8000 put options.
Large cap counter where we saw good
amount of addition in open interest are BAJAJ-
AUTO, HCLTECH, INFY, MARUTI and ITC.
Sept 04, 2014
FII Statistics for 03-Sept-2014
Turnover on 03-Sept-2014
(` in cr.)
(` in cr.)
Nifty Spot =8114.60
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
Sept 04, 2014
Long call ladder
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