Derivative Strategy On Future And Option Report By Mansukh 26-April-2011

Derivative Strategy
F & O HIGHLIGHTS
Nifty April 2011 futures closed at 5,877.00, at a premium of 2.50 over spot closing of 5,874.50, while Nifty May 2011 futures were at 5,902.00 at a premium of 27.50 points over spot closing. The near month April 2011 derivatives contract expires on Thursday, April 28, 2011. Nifty April futures saw an addition of 6.01% or 1.36 million (mn) units, taking the total outstanding open interest (OI) to 24.17 mn units.
From the most active underlying, SBI's April 2011 futures closed at a premium of 11.80 points at 2926.90 compared with spot closing of 2915.10. The number of contracts traded was 20,255.
Infosys April 2011 futures were at a premium of 3.40 point at 2943.40 compared with spot closing of 2940.00. The number of contracts traded was 19,950.
Sterlite Industries April 2011 futures were at a premium of 0.95 points at 184.80 compared with spot closing of 183.85. The number of contracts traded was 19,317.
Axis Bank April 2011 futures were at a premium of 4.40 points at 1382.00 compared with spot closing of 1377.60. The number of contracts traded was 20,321.
RIL April 2011 futures were at a premium of 3.00 points at 1012.00 compared with spot closing of 1009.00. The number of contracts traded was 27,240.

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