Oct 16, 2014
Nifty Vs OI
The Nifty futures open interest decreased by 0.32% while
BankNifty futures open interest has decreased by 1.37%
as market closed at 7846.00 levels.
The Nifty October future closed at premium of 31.25
point against a premium of 27.15 points. The November
series closed at a premium of 77.05 points.
The Implied Volatility of at the money options has
increased from 13.76% to 13.86%.
Nifty PCR-OI has decreased from 0.88 to 0.87 levels.
The total OI of the market is Rs. 1,94,997/- cr. and the
stock futures OI is Rs. 53,015/- cr.
Few of the liquid counter stocks where we have seen high
cost of carry are JPPOWER, ITC, JISLJALEQS, IDEA and
NIFTY continue being under pressure in last trading
session and FIIs also participated in this fall, they
continue selling in cash market segment; they were
net seller of worth Rs. 694 crores. In Index Futures
again they were net seller with fall in open interest
indicating unwinding of long positions formed
In Index Options FIIs bought of worth Rs. 469 crores
with marginal change in open interest suggesting
blend of long formation and short covering, implied
volatility remained more or less is in line on the
closing basis. PCR-OI has decreased due to more of
unwinding in put options of 7700 & 7900 strike
prices which may be profit booking by buyer of these
strike prices. At the same some open interest addition
was witness in 7600 put options on the hopes that
the market may continue being under pressure. On
the other hand in call options we hardly saw any
relevant buildup, majority of activity was seen in
8300 call options.
Seeing the quantum of long unwinding in Index
Futures & buying in put options by FIIs in last three
trading session we believe support zone of 7800 may
Oct 16, 2014
FII Statistics for 14-Oct-2014
Turnover on 14-Oct-2014
Nifty Spot =7846.00
Lot Size = 50
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Oct Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
Oct 16, 2014
Did not trigger.
Ratio Bull Call Spread
Ratio Bear Put Spread
Research Team Tel: 022 - 39357800
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