10-04-2024 09:34 AM | Source: Axis Securities Ltd
Sold Stock Options to the tune of 405 Cr - Axis Securities Ltd

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HIGHLIGHTS:

Nifty futures closed at 22735 yesterday on a negative note with price Cut of 0.06% & 8.86% increase in the open interest indicating Short Build Up. It closed at a premium of 93 points compared to its previous day’s premium of 82 points. Bank Nifty closed at 48800 yesterday on a positive note with price gain of 0.22% & 0.32% decrease in open interest indicating Short Covering. It closed at a premium of 69 points compared to its previous day’s premium of 109 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 2485 Cr,

Bought Index Option worth 25598 Cr,

Bought Stock Futures to the tune of 1022 Cr,

Sold Stock Options to the tune of 405 Cr,

Net Bought in the derivative segment to the tune of 28700 Cr.

In Cash Segment

FII Sold 593 Cr & DII Bought 2257 Cr.

The India VIX index is at 11.35 vs 11.61, ATM CE IV 15.57 & PE IV 12.58

Index options PCR is at 1.09 vs 1.29 to its previous day closing.

Nifty Put options OI distribution shows that 22500 has the highest OI concentration followed by 22300 and 22400 which may act as support for current expiry.

Nifty Call options OI shows that 23000 has the highest OI followed by 22800 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48500 has the highest OI concentration followed 48300 which may act as support for the current expiry.

BankNifty Call strike 49000 followed by 48500 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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