Sept 12, 2014
Nifty Vs OI
The Nifty futures open interest decreased by 3.42% while
BankNifty futures open interest has decreased by 2.95%
as market closed at 8085.70 levels.
The Nifty September future closed at premium of 33.70
point against a premium of 36.60 points. The October
series closed at a premium of 77.25 points.
The Implied Volatility of at the money options has
decreased from 12.14% to 11.81%.
Nifty PCR-OI remains unchanged at 0.96 levels.
The total OI of the market is Rs. 2,01,201/- cr. and the
stock futures OI is Rs. 56,943/- cr.
Few of the liquid counter stocks where we have seen high
cost of carry are GMRINFRA, HDFCBANK, EICHERMOT,
TVSMOTOR and IOB.
FIIs were net buyer in cash market segment of worth
Rs. 433 crores. In Index Futures they were marginal
buyer with good amount of fall in open interest which
indicates blend of short covering and long unwinding
in last trading session.
In Index Options they were net buyer with rise in
open interest which suggests buying in options. PCR-
OI remained unchanged while the implied volatility
plunged. We saw decent amount of buildup in 8200
strike price of call options which may be long
positions formed by FIIs. On the other hand we
hardly saw any reasonable amount of buildup in put
options, 7900 strike price was active than other
strikes yesterday. Maximum buildup in current series
has shifted from 8300 to 8200 call options and of
put options is seen in 8000 strike price.
Large cap counter wherein we witnessed maximum
addition in open interest are COALINDIA,
HEROMOTOCO, SUNPHARMA, HDFC and WIPRO.
Sept 12, 2014
FII Statistics for 11-Sept-2014
Turnover on 11-Sept-2014
Nifty Spot =8085.70
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 12, 2014
Long call ladder
Long put ladder
Research Team Tel: 022 - 39357800
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