FII FnO Update- 20/02/14



Fno Update of 20/02



It’s quite clear by now for all those watching the FII activity that the FEB month has been used by FII’s to trade more with Options than cash or Futures.

We have seen 6,25,289 new option contracts come in FEB mostly as a 1: 2 ratio in calls as well as puts.

I’ve seen them do upto 900,0000 contracts and even 1000,000 contracts in a few series as a net sum.

So am expecting some more option plays in the few sessions remaining.

The Index OI change for the series is negligible now as we step into the last week of trading and I believe it will not be used much in the days to come.

Spreads have ruled the month and likely to continue till the close of the series