F&O Update: Nifty July fut at marginal discount

The Nifty July futures is trading at par at  4,358 as against the spot Nifty which is trading at 4,294 (up three points). Around 575,574 contracts have been traded so far. The open interest has increased by 1.83 million shares to 23.84 million shares.

NIFTY CALL ACTION

The Nifty 4,500 Call is trading at Rs 139 and 80,615 contracts have been traded on the NSE so far. The Call has added 224,600 shares to open interest (OI). The 4,600 Call has seen trades of around 63,959 contracts and the 4,400 Call has seen trades of around 62,023 contracts. While the former has seen a net addition of 42,750 shares to OI, the latter has added 295,350 shares.

 

NIFTY PUT ACTION

The Nifty 4,000 Put is trading at Rs 82, and 81,922 contracts have been traded on the NSE so far. The Put has added 194,200 shares in open interest. The 4,100 Put has seen trades of around 56,902 contracts and the 4,200 Put has seen trades of around 53,102 contracts. While the former has seen a net addition of 126,100 shares to OI, the latter has added 21,950shares.

MOST ACTIVE STOCK FUTURES

Reliance July future is the most active stock future with trades of around 33,199 contracts. The July future is trading at a premium of Rs 11, at Rs 2,078. The contract so far has added 33,199 shares. Total OI now stands at 6.32 million shares. ICICI Bank and HDIL are the other active stock futures. While ICICI Bank OI has risen to 10.35 million shares on addition of 495,950 million shares, HDIL which is trading at Rs 232 (Rs  discount) has seen a net addition of over 860,688 shares to 13.05 million shares in OI.

MOST ACTIVE STOCK OPTIONS

Reliance July Rs 2,100 Call is the most active stock option with trades of around 2,210 contracts. The Call is trading at Rs 106. In OI it has added 36,300 shares so far to 222,150 shares. Tata Steel Rs 400 Call and HDFC Bank Rs 1,500 Call are the other active stock options. Tata Steel Rs 400 Call has added 58,064 shares to total OI of 851,028 shares. It is trading at Rs 24. HDFC Bank Rs 1,500 Call has seen a net addition of around 164,800 shares to 381,600 million shares and is trading at Rs 78.

(All futures and options are of July series)