Market Commentary

Nifty Futures for August Series trading at a discount of 3.20 points - ZENMoney



Posted On : 2013-08-20 22:46:39( TIMEZONE : IST )

Nifty Futures for August Series trading at a discount of 3.20 points - ZENMoney

Nifty traded on a negative note amid selling pressure in select frontline stocks. Nifty lost by 0.25% to close at 5401.45 levels, in the previous trading session.

Nifty Futures for the Aug Series were trading at a discount of 3.20 points against a premium of 2.00 points. Futures open interest has increased to 2.07 Cr shares, which indicates addition of short positions, in the previous trading session.

Open interest of all Call options for the Aug series has increased to 5.13 Crore shares, the average implied volatility has decreased to 21.36%, which indicates addition of short positions, in the previous trading session.

Call options strikes of 5200 to 5500 have seen addition of open interest, for the Aug series in the previous trading session. Open interest of all Put options for the Aug series has increased to 4.24 Cr shares, the average implied volatility has increased to 28.36%, which indicates addition of long positions, in the previous trading session.

Put options strikes of 5200 and 5300 have seen addition of open interest, for the Aug series in the previous trading session.

Nifty Put-Call ratio of open interest has decreased to 0.83 for the Aug series, which indicates addition of open interest in put options, in the previous trading session.

FIIs were net seller in the F&O segment, to the tune of Rs 450 Cr in the Previous trading session.

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

Source : Equity Bulls

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