Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

What is happening in the Index Futures and Options Open Interest?

1 min read

OI

If you understand the participation wise open interest post the budget retail traders are keep on building their shorts till to date and the FII’s are building their longs to the extreme till to date. This is a clear tug of war between retail traders and FII/FPI’s in index futures.

Nifty Futures Vs Client Index Futures (copy) (2)

Retail Participation Index Future Positions
When Comes to Index Options retails are quite smart though they are the one who started writing 7000PE since the start of March Expiry series and they are the who is writing the 7200PE march strike and also the 7500CE. However on contrary FII/FPI’s are not writing options instead they are actively holding net naked put longs and net naked call longs. And steadily increasing their positions since the start of the series.

Nifty Vs FII Index Futures - www.marketcalls.in (copy) (1)

FII/FPI Index Future Positions
Overall retails are heavily underwater in Index Futures but made a good returns in options writing so far and holding a range bound view (7200-7500 range) and the FII/FPI made marginally little money in Index Futures and loosing in Put-Call naked spreads and holding bearish views in option front but heavily bullish in futures.

Nifty Vs FII Index Options - www.marketcalls.in (1)

FII/FPI Index Options Positions
Sentimental Update

Nifty EOD sentiment is holding negative for the last two days and also 7500PE holds the highest open interest in the march series which indicates retails are so far defending the 7500 zone. And the tug of war is making the nifty to move in a sideways either one of the future participants has to give up post the FED event.

Sentimental Update

What is my take?

Sharp dip in Nifty followed by a sharp reversal is still there in my thoughts. Which is already presented in the previous Tradezilla Complementary Webinar.

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Nifty Look Below Balance and Fail – Targets 15400…

Nifty Futures on the Daily charts trading in a 1000 points range between 14400 - 15400 approximately for more than 2 months. It is...
Rajandran R
21 sec read

Nifty Hedged Futures – Apr 2021 – Short Term…

Nifty Futures had made a sharp drop on Monday Morning (5th Apr 2021) almost touched 14500 levels however post that market had done a...
Rajandran R
1 min read

Options Strategy: Nifty Weekly Bull Put Spread

Nifty Apr Series on the hourly timeframe showed trend exhaustion and the Nifty Futures is trading with 100 pts of premium. Trading sentiment flipped...
Rajandran R
37 sec read

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More