Nifty Futures for July Series trading at premium of 1.50 points - ZENMoney

Nifty traded on a negative note amid selling pressure in select frontline stocks. Nifty lost by -0.71% to close at 5857.55 levels, in the previous trading session.

Nifty Futures for the Jul Series were trading at a premium of 1.50 points as against a discount of 7.45 points. Futures open interest has decreased to 1.50 cr shares, which indicates closure of short positions, in the previous trading session.

Open interest of all Call options for the Jul series has increased to 2.94 Crore shares, the average implied volatility has increased to 13.36%, which indicates addition of long positions, in the previous trading session.

Call options strikes of 6000 and 6100 have seen addtion of open interest, for the Jul series in the previous trading session. Open interest of all Put options for the Jul series has increased to 3.74 Cr shares, the average implied volatility has decreased to 21.45%, which indicates addition of short positions, in the previous trading session.

Put options strikes of 5700 to 5900 have seen addition of open interest, for the Jul series in the previous trading session. Nifty Put-Call ratio of open interest is decreased to 1.27 for the Jul series, which indicates addition 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 -908 Cr in the Previous trading session.

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

Source : Equity Bulls

Keywords