Market Commentary

Nifty Futures for the Sep Series were trading at a premium of 3.10 points - ZENMoney



Posted On : 2013-09-03 22:00:03( TIMEZONE : IST )

Nifty Futures for the Sep Series were trading at a premium of 3.10 points - ZENMoney

Nifty traded on a negative note amid selling pressure in select frontline stocks. Nifty lost by -3.77% to close at 5341.45 levels, in the previous trading session.

Nifty Futures for the Sep Series were trading at a premium of 3.10 points against a premium of 3.85 points. Futures open interest has increased to 1.86 Cr shares, which indicates addition of short positions, in the previous trading session.

Open interest of all Call options for the Sep series has increased to 3.22 Crore shares, the average implied volatility has increased to 26.45%, which indicates addition of long positions, in the previous trading session.

Call options strikes of 5400 to 5700 have seen addition of open interest, for the Sep series in the previous trading session.

Open interest of all Put options for the Sep series has increased to 4.52 Cr shares, the average implied volatility has increased to 31.91%, which indicates addition of long positions, in the previous trading session.

Put options strikes of 5500 have seen closure of open interest, for the Sep series in the previous trading session.

Nifty Put-Call ratio of open interest has decreased to 1.40 for the Sep 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 -602 Cr in the Previous trading session.

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

Source : Equity Bulls

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