Feb 20, 2015
Nifty Vs OI
The Nifty futures open interest increased by
BankNifty futures open interest has increased by 3.70%
as market closed at 8895.30 levels.
The Nifty February future closed at premium of 20.85
points against a premium of 22.20 points. The March
series closed at a premium of 77.65 points.
The Implied Volatility of at the money options has
increased from 16.44% to 17.86%.
Nifty PCR-OI has increased from 0.97 to 0.99 levels.
The total OI of the market is Rs. 2,40,738/- cr. and the
stock futures OI is Rs. 73.788/- cr.
Few of the liquid counters where we have seen high cost
of carry are UNITECH, BAJAJ-AUTO, HDIL, JPASSOCIAT
FIIs bought significantly in cash market segment, they
were net buyers of Rs. 1542 crores. They were net
sellers in Index Futures of worth Rs. 503 crores with
fall in open interest indicating long unwinding in
In Index Options they sold of Rs. 323 crores with fall
in open interest which suggests unwinding of their
positions. We hardly saw any relevant buildup in call
options, decent amount of unwinding in 9000 &
9200 call options was visible which may be profit
booking by those guys who were long on it. On the
other hand 8800 & 8900 put options were active
amongst others and added decent buildup with rise
in implied volatility which indicates long formation.
Maximum buildup in Nifty options is seen in 9000
call & of put options has got shifted to 8800 strike
Nifty has resistance zone of 8900-8950 levels. We
don’t expect major upside from these levels.
Feb 20, 2015
FII Statistics for 19-Feb-2015
Turnover on 19-Feb-2015
Nifty Spot =8895.30
Lot Size = 25
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Feb Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
Feb 20, 2015
Ratio Bull Call Spread
Ratio Bull Call Spread
Research Team Tel: 022 - 39357800
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