Nifty July Futures trading at premium of 14.35 points - ZENMoney

Nifty traded on a positive note amid buying interest in select frontline stocks. Nifty gained by 1.08% to close at 6038.05 levels, in the previous trading session.

Nifty Futures for the Jul Series were trading at a premium of 14.35 points against a discount of 2.45 points. Futures open interest has decreased to 1.61 Cr shares, which indicates closure of short positions, in the previous trading session.

Open interest of all Call options for the Jul series has decreased to 2.96 Crore shares, the average implied volatility has increased to 19.45%, which indicates closure of short positions, in the previous trading session.

Call options strikes of 5900 and 6000 have seen closure 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 5.25 Cr shares, the average implied volatility has decreased to 19.64%, which indicates addition of long positions, in the previous trading session.

Put options strikes of 5900 to 6100 have seen addition of open interest, for the Jul series in the previous trading session. Nifty Put-Call ratio of open interest has increased to 1.77 for the Jul series, which indicates addition 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 728 Cr in the Previous trading session.

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

Source : Equity Bulls

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