Market Commentary

Nifty Futures for October series trades at premium of 57.10 points - ZENMoney



Posted On : 2013-10-03 21:44:22( TIMEZONE : IST )

Nifty Futures for October series trades at premium of 57.10 points - ZENMoney

Nifty traded on a positive note amid buying interest in select frontline stocks. Nifty gained by 2.24% to close at 5909.70 levels, in the previous trading session.

Nifty Futures for the Oct Series were trading at a premium of 57.10 points against a premium of 48.40 points. Futures open interest has increased to 1.73 Cr shares, which indicates addition of long positions, in the previous trading session.

Open interest of all Call options for the Oct series has increased to 2.98 Crore shares, the average implied volatility has increased to 25.64%, which indicates addition of long positions, in the previous trading session.

Call options strikes of 6100 has seen addition of open interest, for the Oct series in the previous trading session.

Open interest of all Put options for the Oct series has increased to 3.91 Cr shares, the average implied volatility has increased to 23.55%, which indicates addition of long positions, in the previous trading session.

Put options strikes of 5800 and 5900 have seen addition of open interest, for the Oct series in the previous trading session.

Nifty Put-Call ratio of open interest has increased to 1.31 for the Oct 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 570 Cr in the Previous trading session.

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

Source : Equity Bulls

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