F&O Check: May Nifty futures ends at par on Fri

Nifty May Futures ended at par with spot at 4117. The May series added open interest (OI) of around 3.97 lakh shares. June futures saw addition of 58,300 shares in OI on Friday.

On the index options front, the Nifty May 4100 Call has seen a build-up of 28% of the total open interest in Calls. Total OI in Calls stood at 112.03 lakh, of which, OI at 4100 May Call was 31.82 lakh; OI at 4200 Call was 23.71 lakh, and OI at 4000 Call was 12.79 lakh.

On the other hand, the Nifty May 4000 Put accounted for 24% concentration of the total OI in Puts. The total OI in Puts rose to 129.59 lakh, of which, OI at May 4000 Put was 32.27 lakh. OI for Nifty 4100 Put stood at 25.78 lakh (19.9%) and OI for 3900 and 3800 Puts stood around 14 lakh shares each.

The Nifty OI Put-Call ratio dropped to 1.16. While Nifty Call options saw an addition of 6.70 lakh shares in OI, Put options saw increase of 4.43 lakh shares.