F&O Update: Nifty futures slip into discount

The Nifty September futures has slipped into discount and is now trading at a marginal discount of two points premium at 4,308 as against the spot Nifty which is down 50 points at 4,310. The counter has seen trades of around 1.24 lakh contracts and the open interest (OI) has increased by 1.35 crore shares to 3.15 crore shares.

CALL ACTION

The Nifty September 4,400 call is the most active call, so far, and has seen trades of around 18,650 contracts. The open interest has increased by 4.25 lakh shares to 21.55 lakh shares.

The Nifty 4,500 call has seen trades of around 13,700 contracs, and the open interest has moved up by 5.07 lakh shares to 18.05 lakh shares.

The 4,300 and 4,600 calls have seen trades of around 8,700 and 7,570, contracts, respectively. The 4,300 call open interest has shot up by over five lakh shares to 18.76 lakh shares, and the 4,600 call open interest has increased by 3.58 lakh shares to 14.76 lakh shares.

PUT ACTION

The Nifty September 4,300 and 4,200 puts are the most active counters with trades of around 15,200 and 13,650, contracts, respectively so far. The 4,300 put open interest has increased by 14.36 lakh shares to over 33 lakh shares, and 4,200 put open interest has risen up by 8.20 lakh shares to 38.23 lakh shares.

The Nifty 4,000 put has seen trades of around 6,350 contracts, and the open interest has increased by 3.41 lakh shares to 29.85 lakh shares.

The 4,400 and 4,100 puts have seen trades of around 3,865 and 4,000, contracts, respectively. The 4,400 put open interest has increased by 2.58 lakh shares to 11.65 lakh shares, and the 4,100 put open interest has moved up by 1.75 lakh shares to 14.36 lakh shares.