Mar 10, 2015
Nifty Vs OI
The Nifty futures open interest decreased by
BankNifty futures open interest has increased by 0.21%
as market closed at 8756.75 levels.
The Nifty March future closed at premium of
points against a premium of 51.00 points. The April
series closed at a premium of 95.25 points.
The Implied Volatility of at the money options has
increased from 13.47% to 15.54%.
Nifty PCR-OI has decreased from 0.96 to 0.92 levels.
The total OI of the market is Rs. 2,21,055/- cr. and the
stock futures OI is Rs. 73,755/- cr.
Few of the liquid counters where we have seen high cost
of carry are HDFCBANK, STAR, BPCL, DIVISLAB and
FIIs were net buyer in cash market segment of worth
Rs. 838 crores. In Index Futures they sold significantly
of Rs. 1884 crores with decent fall in open interest
indicating long unwinding in last trading session.
In Index Options they bought aggressively of worth
Rs. 2943 crores with rise in open interest suggesting
fresh long formation. PCR-OI decreased with rise in
implied volatility indicating buying in call options. We
saw reasonable amount of buildup in 8800-9000
call options which must be FIIs long positions,
followed by good amount of unwinding in 9300 call
options. On the other hand in put options 8400 strike
added huge buildup but the quantum of open
interest addition in call options is on the higher side.
Maximum buildup in current series is seen in 9000
call & 8500 put options.
Yesterday for the first time in current series we saw
decent unwinding by FIIs in Index Futures. Most of the
long positions formed back in last two series are still
in system and these are FIIs positions. One should
not aggressively short this market.
Mar 10, 2015
FII Statistics for 09-Mar-2015
Turnover on 09-Mar-2015
Nifty Spot =8756.75
Lot Size = 25
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Mar Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
Mar 10, 2015
Long Call Ladder
Research Team Tel: 022 - 39357800
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