Nifty Futures June Series trading at a discount of 0.80 points - ZENMoney

Nifty traded on a positive note amid buying interest in select frontline stocks. Nifty gained by 0.34% to close at 5609.10 levels, in the previous trading session.

Nifty Futures for the Jun Series were trading at a discount of 0.80 points as against a discount of 1.95 points. Futures open interest has decreased to 1.91 cr shares, which indicates closure of short positions, in the previous trading session.

Open interest of all Call options for the Jun series has decreased to 5.30 Crore shares, the average implied volatility has decreased to 23.64%, which indicates closure of long positions, in the previous trading session.

Call options strikes of 5700 and 5900 have seen closure of open interest, for the Jun series in the previous trading session. Open interest of all Put options for the Jun series has decreased to 4.10 Cr shares, the average implied volatility has increased to 29.45%, which indicates closure of short positions, in the previous trading session.

Put options strikes of 5700 to 6000 have seen closure of open interest, for the Jun series in the previous trading session. Nifty Put-Call ratio of open interest is decreased to 0.77 for the Jun series, which indicates closure of open interest in put options, in the previous trading session.

FIIs were net sellers in the F&O segment, to the tune of Rs 149 Cr in the Previous trading session.

Overall derivatives data for the Jun series indicates that Nifty Futures have seen closure of short positions, whereas Call options have seen closure of long positions, while Put options have seen closure of short positions, for the June series in the previous trading session.

Source : Equity Bulls

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