Oct 22, 2014
Nifty Vs OI
The Nifty futures open interest increased by 5.11% while
BankNifty futures open interest has increased by 8.53%
as market closed at 7927.75 levels.
The Nifty October future closed at premium of 18.65
points against a premium of
17.85 points. The
November series closed at a premium of 61.60 points.
The Implied Volatility of at the money options has
decreased from 12.29% to 12.20%.
Nifty PCR-OI has increased from 0.85 to 0.88 levels.
The total OI of the market is Rs. 2,14,628/- 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, GMRINFRA, PTC, IFCI and
In last trading session NIFTY continues it’s positive
moves. FIIs activity in cash market segment yesterday
was subdued. In Index Futures they were net buyers
with rise in open interest indicating fresh long
In Index Options they bought significantly with some
rise in open interest signifying long formation in last
trading session. PCR-OI increased further while IV’s
remained more or less in line. We witness 7800 &
7900 put options adding considerable amount of
open interest and we believe these may be long
positions formed by FIIs. Some unwinding in lower
put strike of 7400 & 7500 was also witnessed; these
must be long positions which got squared off
yesterday assuming further strength in market. On
the other hand in call options we hardly saw any
relevant buildup, some unwinding in 7900 & 8000
was seen yesterday.
Seeing continues buying in Index Futures by FIIs we
believe market may continue it’s up move. We
suggest to trade with positive bias.
Oct 22, 2014
FII Statistics for 21-Oct-2014
Turnover on 21-Oct-2014
Nifty Spot =7927.75
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 22, 2014
Did not trigger.
Ratio Bull Call Spread
Ratio Bear Put Spread
Ratio Bear Put Spread
Research Team Tel: 022 - 39357800
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