Nifty Futures ends with a discount of 3.05 points - ZENMoney

Nifty traded on a negative note amid selling pressure in select frontline stocks. Nifty lost by -1.48% to close at 5770.90 levels, in the previous trading session. Nifty Futures for the Jul Series were trading at a discount of 3.05 points against a premium of 1.50 points. Futures open interest has decreased to 1.48cr shares, which indicates closure of long positions, in the previous trading session.

Open interest of all Call options for the Jul series has increased to 3.11 Crore shares, the average implied volatility has increased to 13.64%, which indicates addition of long positions, in the previous trading session. Call options strikes of 5700 to 6000 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 3.77 Cr shares, the average implied volatility has increased to 23.64%, which indicates addition of long positions, in the previous trading session. Put options strikes of 5300 to 5700 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 1.21 for the Jul series, which indicates addition of open interest in Call options, in the previous trading session.

FIIs were net sellers in the F&O segment, to the tune of Rs -840 Cr in the Previous trading session.

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

Source : Equity Bulls

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