Nifty Futures for the Jul Series were trading at a premium of 5.35 points - ZENMoney

Nifty traded on a negative note amid selling pressure in select frontline stocks. Nifty lost by -0.72% to close at 5816.70 levels, in the previous trading session. Nifty Futures for the Jul Series were trading at a premium of 5.35 points against a premium of 9.35 points. Futures open interest has increased to 1.55 Cr shares, which indicates addition of short positions, in the previous trading session.

Open interest of all Call options for the Jul series has increased to 3.48 Crore shares, the average implied volatility has decreased to 16.00%, which indicates addition of short positions, in the previous trading session.

Call options strikes of 5900 to 6100 have seen addition of open interest, for the Jul series in the previous trading session. Open interest of all Put options for the Jul series has decreased to 4.45 Cr shares, the average implied volatility has increased to 28.82%, which indicates addition of long positions, in the previous trading session.

Put options strikes of 5400 to 5700 have seen closure of open interest, for the Jul series in the previous trading session. Nifty Put-Call ratio of open interest has decreased to 1.28 for the Jul series, which indicates closure 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 -717 Cr in the Previous trading session.

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

Source : Equity Bulls

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