Online Share Trading Solution

F & O HIGHLIGHTS

Nifty May 2011 futures closed at 5,547.95, at a discount of 3.50 points over spot closing of 5,551.45, while Nifty June 2011 futures were at 5,562.75 at a premium of 11.30 points over spot closing. The near month May 2011 derivatives contract expires on Thursday, May 26, 2011. Nifty May futures saw addition of 0.21% or 0.05 million (mn) units, taking the total outstanding open interest (OI) to 27.80 mn units.

From the most active underlying, ICICI Bank May 2011 futures closed at a premium of 0.85 points at 1080.25 compared with spot closing of 1079.40. The number of contracts traded was 30,421.

SBI's May 2011 futures were at a premium of 3.80 point at 2651.70 compared with spot closing of 2647.90. The number of contracts traded was 21,492.

Tata Motors May 2011 futures were at a discount of 6.05 points at 1190.00 compared with spot closing of 1196.05. The number of contracts traded was 24,053.

Infosys May 2011 futures were at a discount of 17.00 points at 2865.45 compared with spot closing of 2882.45. The number of contracts traded was 11,278.

Axis Bank May 2011 futures were at a premium of 1.30 points at 1258.50 compared with spot closing of 1257.20. The number of contracts traded was 12,647.

Nifty Option Open Interest Distribution
Nifty May 5600 call shed 2.59 lakh shares in OI, down 4.68% and 5700 call added 4.05 lakh shares in OI, up 6.56%. On the put side nifty May 5500 put added 7.68 lakh shares in OI, up 18.74% and 5400 put added 6.18 lakh in OI, up 11.98%. The put-call ratio of stock option remains same at 0.34 while put-call ratio of index option increased from 0.79 to 0.80. On the whole the put call ratio was at 0.78.

Read more about Online Derivative Strategy Report By Mansukh