Invest Without Emotions
Summary: Jan NIFTY 8400 calls added 1,137,250 contracts while 8000 calls shed 159,275. On the Put side of the equation, the 8000 strike added 690,050 while the 8300’s shed 264,725.
The 60 calls shed 2,072,000 contracts. The 55 puts added 2,016,000 contracts.
The 27.5 calls added 1,384,000 contracts.
The 330 puts shed 463,000 contracts.
It is useful to visualize the correlations of returns between individual stocks in an index. If correlations are high, betting on the index as a whole could be more profitable compared to picking single stocks. Low correlations, on the other hand, is a stock-picker’s dream. Here’s how the NIFTY correlations stack up.
A lot of thick blue squares mean that positive correlations are high. Red squares mean negative correlations are high. Whites are the doldrums.
We plan to update these on a weekly basis.
Summary: Jan NIFTY 8800 calls added 608,775 contracts while 8300 calls shed 615,600. On the Put side of the equation, the 8400 strike added 956,100 while the 7900’s shed 549,625.
The 52.5 calls shed 632,000 contracts.
The 30 calls added 864,000 contracts.
The 17.5 puts added 1,170,000 contracts.
Summary: Jan NIFTY 9000 calls added 1,620,475 contracts while 8300 calls shed 786,100. On the Put side of the equation, the 8000 strike added 1,922,700 while the 7900’s shed 549,625.
Summary: Jan NIFTY 8500 calls added 348,300 contracts while 8300 calls shed 68,900. On the Put side of the equation, the 8000 strike added 325,750 while the 7500’s shed 161,500.
The 17.5 calls shed 432,000 contracts.
The 30 calls added 1,320,000 contracts.
The 95 puts added 444,000 contracts.
