11-09-2024 09:53 AM | Source: Axis Securities Ltd
Sold Stock Options to the tune of 2488 Cr - Axis Securities Ltd

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HIGHLIGHTS:

Nifty Futures closed at 25083 yesterday on a positive note, with a price gain of 0.39% and 2.87% decrease in the open interest, indicating a Short Covering. It closed at a premium of 42 points compared to its previous day’s premium of 49 points. Bank Nifty closed at 51372 yesterday on a positive note with price gain of 0.20% & 1.02% decrease in open interest indicating Short Covering. It closed at a premium of 99 points compared to its previous day’s premium of 149 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 169 Cr,

Sold Index Option worth 38365 Cr,

Sold Stock Futures to the tune of 3901 Cr,

Sold Stock Options to the tune of 2488 Cr,

Net Sold in the derivative segment to the tune of 44585.10 Cr.

In Cash Segment FII Bought 2208.23 Cr & DII Sold 275.37 Cr.

The India VIX index is at 13.36 vs 14.24, Nifty ATM IV is trading at 12.87, while BankNifty IV is quoting at 14

Index options PCR is at 0.79 v/s 0.67 to its previous day closing.

Nifty Put options OI distribution shows that 24600 has the highest OI concentration followed by 25000 and 24800 which may act as support for current expiry.

Nifty Call options OI shows that 25500 has the highest OI followed by 25200 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 51000 has the highest OI concentration followed 50500 which may act as support for the current expiry.

BankNifty Call strike 51500 followed by 52000 witnessed significant OI concentration and may act as resistance for the current expiry

 

Nifty Options OI Distribution-Weekly

 

Bank Nifty Options OI Distribution-Weekly

 

 

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