Market Commentary

Nifty Futures for the Jan Series were trading at a premium of 14.65 points - ZENMoney



Posted On : 2014-01-14 20:42:22( TIMEZONE : IST )

Nifty Futures for the Jan Series were trading at a premium of 14.65 points - ZENMoney

Nifty traded on a negative note amid selling pressure in select frontline stocks. Nifty fell by 0.49% to close at 6241.85 during Tuesday's session.

Nifty Futures for the Jan Series were trading at a premium of 14.65 points against a premium of 12.55 points. Futures open interest has increased to 1.77 Cr shares, which indicates addition of long positions, in the previous trading session.

Open interest of all Call options for the Jan series has increased to 3.18 Crore shares, the average implied volatility has increased to 13.18%, which indicates addition of long positions, in the previous trading session.

Call options strikes of 6200 and 6400 have seen addition of open interest, for the Jan series in the previous trading session.

Open interest of all Put options for the Jan series has decreased to 3.47Cr shares, the average implied volatility has decreased to 16.09%, which indicates closure of long positions, in the previous trading session.

Put options strike of 5900 to 6100 have seen closure of open interest, for the Jan series in the previous trading session.

Nifty Put-Call ratio of open interest has decreased to 1.09 for the Jan series, which indicates closure of open pressure in call options, in the previous trading session.

FIIs were net sellers in the F&O segment, to the tune of Rs 287 Cr in the previous trading session.

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

Source : Equity Bulls

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