Jan 20, 2015
Nifty Vs OI
The Nifty futures open interest increased by 0.34
levels BankNifty futures open interest has increased
by 1.46% as market closed at 8550.70 levels.
The Nifty January future closed at premium of 23.40
points against a premium of
21.25 points. The
February series closed at a premium of 71.90 points.
The Implied Volatility of at the money options has
increased from 14.85% to 15.74%.
Nifty PCR-OI has increased from 1.23 to 1.27 levels.
The total OI of the market is Rs. 2,25,587/- cr. and
the stock futures OI is Rs. 63,289/- cr.
Few of the liquid counters where we have seen
high cost of carry are JPPOWER, ADANIPOWER,
OFSS, HEXAWARE and INDIACEM.
FIIs were net buyers of worth Rs.433 in cash
market segment. In Index Futures their activity
was subdued; they were marginal buyers with
some rise in open interest in last trading session.
In Index Options they sold of worth Rs. 654 crores
with some rise in open interest indicating blend
of long unwinding and short formation. PCR-OI
increased mainly due to good amount of open
interest addition in put options, while implied
volatility also increased on the closing basis. We
witness good amount of open interest addition
in 8300-8600 put option, which may be long
position. On the other hand in call options we
hardly saw relevant buildup, some open interest
addition was seen in 8900 strike price followed
by unwinding in lower strikes
Maximum buildup in current series has got
shifted from 8600 to 8700 call options & of put
options still remains at 8000 put options.
Seeing last three days data we believe it won’t
be good idea to sell on rise as of now. One
should adopt stock specific approach to trade
in this market.
Jan 20, 2015
FII Statistics for 19-Jan-2015
Turnover on 19- Jan -2015
Nifty Spot =8550.70
Lot Size = 50
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Jan Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
Jan 20, 2015
Loss booked on 02-01-2015.
Ratio Put Spread
Ratio Put Spread
Research Team Tel: 022 - 39357800
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