Good Morning
Y'day Some selling pressure on top & Index come again in Discount...
So FII 35k Index Fut Long on 27/5 shown some profit booking y'day. FII Net Positive & Pro Net Negative in Index Longs...
FII was net buyer in CM i.e. 1575 Cr. In Derivatives FII added 2.2k Index Longs & 4.6k Shorts, in Stock Futuers added 1k Long & 6.6k Shorts, But in Options FII & Pro created huge Positions so that Our OCA shows good Fig in OI.
FII added 19k Call Long with 9k Put Short and 24k Call Shorts with 13k Put Long suggest that up side is limited or Range Bound session...
Pros Covered Index short but In options 37k Call Long with 70k Put Short and 40k Put Long with 85k (⚠️) call Shorts suggest that Index will move in very narrow range or One Participants will trap in volatility... Let's see.
One more observation that Stock Options addition by all 3 participants is increased so watch out stock options.
So need to Watch OCA for today writing strikes or Buildups.