Nifty Futures trading at premium of 14.45 points - ZENMoney

Nifty traded on a negative note amid selling pressure in select frontline stocks. Nifty lost by 1.25% to close at 5955.25 levels, in the previous trading session.

Nifty Futures for the Jul Series were trading at a premium of 14.45 points against a premium of 1.80 points. Futures open interest has increased to 1.65 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 3.00 Crore shares, the average implied volatility has increased to 19.18%, which indicates addition of long positions, in the previous trading session. Call options strikes of 5900 and 6000 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 4.92 Cr shares, the average implied volatility has decreased to 20.36%, which indicates closure of long positions, in the previous trading session. Put options strikes of 5900 and 6000 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 1.64 for the Jul series, which indicates closure of open interest in call options, in the previous trading session.

FIIs were net buyers in the F&O segment, to the tune of Rs 810 Cr in the Previous trading session.

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

Source : Equity Bulls

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