F&O Data Analysis for Monday 2nd Nov 2020

F&O Data Analysis for Monday, 02^nd Nov 2020

This blog contains information and major data points regarding Futures and Options which may be helpful in taking positions or day trades in Markets.

Our major focus will be on Nifty 50 and Nifty Bank. It is recommended to use Desktop-Version of site for better view.

 

Futures and Options data of Index.

Futures Data	Nifty 50	Nifty Bank
Last Price	11639.95	23939.65
Change (Rs.)	-27.95	-151.15
Change (%)	-0.24%	-0.63%
Change in OI	+9.84%	+9.27%
Prem./Discount	-2.45	+38.75
14 Day High	12035.55	24882.50
14 Day Low	11514.75	23565.00

 

 

 

 

 

 

 

 

 

Options Data	Nifty 50	Nifty Bank
Max Pain	11650	24000
Put Call Ratio (Weekly)	0.90	0.74
Put Call Ratio (Monthly)	1.58	1.19
Highest Call OI	12000	24500
Highest Put OI	11600	23000
Increase in Call OI	12000	24500
Increase in Put OI	10500	22000

 

 

 

 

 

 

 

 

 

 

 

Options Premium Comparison

Nifty Bank

Range (Above/Below)	Call Premium	Put Premium	Highest Premium
500 Points	278.55	273.80	Neutral
700 Points	213.00	215.00	Neutral
1000 Points	141.70	142.25	Neutral

 

FII Activity in F&O

*FIIs are 40% Long on Index futures and 60.43% Long on Stock Futures.

 

Overall F&O Cues :-

·       More Calls are added in Nifty as well as Nifty Bank

·       9355 Contracts were added on Nifty 11600 CE

·       14679 Contracts were added on Nifty Bank 24500 CE

·       Monthly PCR of Nifty has rose to 1.58 which signifies that up-move is very limited for coming days

·       11700 and 11500 are minor resistance and support for Nifty

·       FIIs have cut down longs in Nifty heavily from around 60% last week to 40% in current week

·       Option Premium Comparison is on neutral side

·       Nifty November month roll-over is at 77.45% versus 70.63%

·       Bank Nifty November month roll-over is at 73.59% versus 79.05%

·       India VIX closed around 3.04% higher at 24.75

 

Ahead of US Elections, the Volatility Index has been increasing. India VIX went beyond 25 in last few trading sessions.

High PCR and High VIX followed by net shorts by FIIs in Index futures indicates that Nifty can see downward pressure till 11400 in coming sessions and Volatility in the markets will be quite high.

Non-directional Options Strategy may be profitable post US Elections as Implied Volatility will fall and so the premiums.

Overall Markets are showing some weakness and 11750 to 11800 is a major resistance for Nifty and 24500 to 25000 for Nifty Bank.

 

AAJ  KA GYAN :-

 

Work is undoubtedly worship but laughter is life.

Anyone who takes life too seriously must prepare himself for a miserable existence.

Anyone who greets joy and sorrows with equal facility can really get the best of life.

-       Sardar Vallabhbhai Patel

 

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