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Long Unwinding

Position LONG UNWINDING-INDEX OPTION

Options

Futures

Calls

Puts

Symbol
Strike Price
Prev OI
Curr. OI (%Chg)
LTP (%Chg)

22,900.00

55,055

54,795

(-0.47%)

920

(-6.35%)

24,650.00

28,76,640

28,62,210

(-0.5%)

2.4

(-47.83%)

58,700.00

2,44,590

2,39,820

(-1.95%)

13

(-27.98%)

27,500.00

1,40,160

1,37,280

(-2.05%)

2.05

(-48.75%)

24,150.00

43,05,535

41,85,285

(-2.79%)

18.1

(-50.95%)

27,300.00

20,760

20,160

(-2.89%)

2.55

(-42.7%)

22,500.00

2,07,610

1,99,615

(-3.85%)

1,319.7

(-4.22%)

58,500.00

12,69,660

12,06,330

(-4.99%)

16.6

(-27.03%)

59,200.00

1,31,880

1,24,830

(-5.35%)

7.15

(-33.49%)

58,300.00

3,20,490

3,03,180

(-5.4%)

23.6

(-20.67%)

57,400.00

2,96,580

2,79,810

(-5.65%)

120.35

(-1.15%)

25,000.00

1,60,51,165

1,50,49,255

(-6.24%)

1.3

(-45.83%)

13,500.00

9,360

8,760

(-6.41%)

765.65

(-18.82%)

75,000.00

2,300

2,150

(-6.52%)

10.1

(-59.6%)

58,600.00

3,96,330

3,69,060

(-6.88%)

14.75

(-27.16%)

26,000.00

56,38,230

52,38,610

(-7.09%)

0.45

(-43.75%)

24,050.00

42,70,045

39,59,930

(-7.26%)

34

(-43%)

57,700.00

3,41,010

3,14,790

(-7.69%)

71.2

(-2.53%)

58,000.00

20,54,370

18,80,610

(-8.46%)

40.45

(-11.29%)

26,400.00

43,560

39,660

(-8.95%)

29.75

(-49.06%)

21,500.00

4,05,600

3,67,510

(-9.39%)

2,322.8

(-2.33%)

24,550.00

22,85,010

20,57,250

(-9.97%)

3.15

(-52.27%)

24,750.00

20,22,085

17,94,715

(-11.24%)

1.85

(-48.61%)

14,700.00

7,41,120

6,57,360

(-11.3%)

17.8

(-12.75%)

57,900.00

3,87,450

3,43,560

(-11.33%)

49.55

(-7.04%)

58,200.00

4,24,380

3,76,080

(-11.38%)

28.35

(-16.98%)

59,100.00

1,28,250

1,13,370

(-11.6%)

7.5

(-35.34%)

26,350.00

8,400

7,380

(-12.14%)

39.75

(-42.56%)

57,800.00

4,18,710

3,66,810

(-12.4%)

58.8

(-5.39%)

14,900.00

5,70,360

4,96,200

(-13%)

5.8

(-25.64%)

26,300.00

12,50,925

10,82,900

(-13.43%)

0.4

(-38.46%)

25,800.00

13,50,440

11,56,805

(-14.34%)

0.5

(-47.37%)

23,900.00

68,88,115

58,97,190

(-14.39%)

75.85

(-33.76%)

24,600.00

61,72,855

52,56,030

(-14.85%)

2.55

(-53.21%)

58,100.00

4,30,230

3,64,110

(-15.37%)

34.6

(-12.41%)

59,800.00

88,980

75,120

(-15.58%)

4.35

(-33.08%)

57,600.00

3,15,630

2,62,380

(-16.87%)

85.95

(-0.52%)

23,950.00

35,82,410

29,68,550

(-17.14%)

57.7

(-38.02%)

26,450.00

9,900

8,160

(-17.58%)

23.95

(-50.87%)

25,950.00

1,83,300

1,50,670

(-17.8%)

0.5

(-37.5%)

27,550.00

1,680

1,380

(-17.86%)

2.6

(-35.8%)

59,000.00

19,59,780

16,09,470

(-17.87%)

9.15

(-26.21%)

21,100.00

32,760

26,260

(-19.84%)

2,695

(-2.62%)

23,000.00

6,05,150

4,78,270

(-20.97%)

821.15

(-5.74%)

15,000.00

10,33,560

8,06,040

(-22.01%)

3.85

(-21.43%)

27,400.00

7,200

5,580

(-22.5%)

2.05

(-46.05%)

26,200.00

3,80,120

2,94,060

(-22.64%)

0.45

(-35.71%)

14,650.00

3,00,960

2,30,640

(-23.37%)

25.7

(-6.72%)

22,000.00

5,15,255

3,92,730

(-23.78%)

1,817.55

(-3.25%)

24,700.00

70,79,150

53,13,750

(-24.94%)

2.1

(-48.78%)

14,025.00

480

360

(-25%)

412.4

(-0.48%)

25,750.00

2,18,855

1,61,720

(-26.11%)

0.65

(-35%)

59,600.00

99,030

72,810

(-26.48%)

5.25

(-32.26%)

25,550.00

10,41,495

7,41,065

(-28.85%)

0.6

(-47.83%)

24,450.00

29,77,130

20,68,235

(-30.53%)

4.4

(-52.94%)

26,150.00

1,59,900

1,10,825

(-30.69%)

0.45

(-35.71%)

24,350.00

37,37,695

25,63,080

(-31.43%)

6

(-58.19%)

73,500.00

2,100

1,400

(-33.33%)

37

(-29.92%)

25,600.00

22,62,845

14,69,195

(-35.07%)

0.6

(-47.83%)

25,700.00

11,42,310

7,37,295

(-35.46%)

0.55

(-45%)

71,500.00

2,000

1,025

(-48.75%)

527.95

(-9.13%)

25,650.00

6,61,505

2,72,090

(-58.87%)

0.65

(-31.58%)

Position LONG UNWINDING-STOCKS OPTION

Options

Futures

Calls

Puts

Symbol
Strike Price
Prev OI
Curr. OI (%Chg)
LTP (%Chg)

367.50

88,66,500

88,63,500

(-0.03%)

0.05

(-75%)

400.00

10,20,600

10,19,250

(-0.13%)

174

(-7.94%)

3,360.00

3,08,700

3,08,250

(-0.15%)

0.1

(-83.33%)

2,900.00

7,85,025

7,83,450

(-0.2%)

3.05

(-51.97%)

7,350.00

38,600

38,500

(-0.26%)

259.65

(-30.04%)

4,400.00

46,750

46,625

(-0.27%)

0.7

(-6.67%)

7,250.00

67,000

66,800

(-0.3%)

355.75

(-24.42%)

250.00

1,28,65,500

1,28,22,750

(-0.33%)

0.63

(-76.92%)

395.00

4,36,800

4,35,200

(-0.37%)

0.05

(-50%)

3,120.00

5,71,400

5,69,000

(-0.42%)

47.15

(-55.5%)

1,384.00

2,68,800

2,67,600

(-0.45%)

166.35

(-2.89%)

1,070.00

14,40,400

14,32,800

(-0.53%)

1.75

(-90%)

11,800.00

9,450

9,400

(-0.53%)

1,855.7

(-11.98%)

5,100.00

1,11,000

1,10,400

(-0.54%)

0.6

(-55.56%)

9,600.00

13,575

13,500

(-0.55%)

1,565.85

(-7.24%)

1,460.00

1,03,800

1,03,200

(-0.58%)

92.95

(-4.86%)

4,350.00

1,20,925

1,20,225

(-0.58%)

330

(-0.6%)

14,400.00

59,500

59,150

(-0.59%)

20.75

(-45.68%)

460.00

6,37,500

6,33,675

(-0.6%)

3.55

(-20.22%)

410.00

6,45,300

6,41,250

(-0.63%)

160.7

(-11.7%)

420.00

8,37,000

8,31,600

(-0.65%)

153.25

(-9.27%)

455.00

2,02,500

2,01,150

(-0.67%)

124

(-12.98%)

2,740.00

2,95,250

2,93,250

(-0.68%)

1.7

(-62.22%)

1,460.00

99,900

99,225

(-0.68%)

243.25

(-6.62%)

395.00

3,95,550

3,92,850

(-0.68%)

184

(-11.15%)

2,420.00

49,875

49,500

(-0.75%)

0.3

(-57.14%)

9,700.00

16,125

16,000

(-0.78%)

0.3

(-53.85%)

6,800.00

48,125

47,750

(-0.78%)

595

(-23.32%)

295.00

9,00,600

8,93,000

(-0.84%)

0.35

(-41.67%)

15,900.00

33,850

33,550

(-0.89%)

1.45

(-23.68%)

2,180.00

38,625

38,250

(-0.97%)

31

(-18.85%)

3,660.00

35,350

35,000

(-0.99%)

207.55

(-16.68%)

890.00

2,41,400

2,38,850

(-1.06%)

10.7

(-38.68%)

260.00

10,22,000

10,11,050

(-1.07%)

0.82

(-82.66%)

1,430.00

1,87,000

1,85,000

(-1.07%)

19.75

(-24.47%)

2,398.00

25,300

25,025

(-1.09%)

1.35

(-88.31%)

1,420.00

7,17,750

7,09,775

(-1.11%)

1.15

(-11.54%)

960.00

66,750

66,000

(-1.12%)

54.45

(-31.94%)

3,200.00

7,87,800

7,79,000

(-1.12%)

8.3

(-79.15%)

1,860.00

56,875

56,225

(-1.14%)

158.75

(-11.83%)

2,418.00

46,200

45,650

(-1.19%)

1.2

(-87.03%)

1,230.00

46,200

45,650

(-1.19%)

0.2

(-42.86%)

12,200.00

16,400

16,200

(-1.22%)

1,690

(-3.43%)

1,095.00

18,56,800

18,34,000

(-1.23%)

0.4

(-95.38%)

500.00

16,30,000

16,10,000

(-1.23%)

1.55

(-32.61%)

327.50

10,10,000

9,97,500

(-1.24%)

24.6

(-8.89%)

980.00

1,50,625

1,48,750

(-1.24%)

164.75

(-14.19%)

12,400.00

12,000

11,850

(-1.25%)

1,470

(-5.47%)

4,260.00

1,53,650

1,51,725

(-1.25%)

0.35

(-22.22%)

1,640.00

4,96,100

4,89,500

(-1.33%)

2.2

(-13.73%)

6,700.00

9,375

9,250

(-1.33%)

694.4

(-17.33%)

12,500.00

7,450

7,350

(-1.34%)

955.9

(-0.43%)

322.00

1,27,650

1,25,925

(-1.35%)

0.05

(-50%)

1,860.00

7,27,225

7,17,250

(-1.37%)

44.45

(-15.49%)

1,860.00

1,58,925

1,56,650

(-1.43%)

2.3

(-92.16%)

990.00

1,01,250

99,750

(-1.48%)

24.2

(-6.2%)

1,090.00

2,06,250

2,03,125

(-1.52%)

2.05

(-28.07%)

6,950.00

19,200

18,900

(-1.56%)

292

(-7.35%)

230.00

5,71,500

5,62,500

(-1.57%)

18.86

(-14.19%)

5,750.00

25,200

24,800

(-1.59%)

8.95

(-34.91%)

365.00

1,27,575

1,25,550

(-1.59%)

19.45

(-3.95%)

1,040.00

37,74,000

37,14,000

(-1.59%)

1.3

(-38.1%)

350.00

1,81,250

1,78,350

(-1.6%)

23

(-11.2%)

5,800.00

15,500

15,250

(-1.61%)

0.55

(-38.89%)

851.75

2,49,000

2,45,000

(-1.61%)

1.95

(-31.58%)

2,840.00

27,450

27,000

(-1.64%)

0.35

(-12.5%)

4,450.00

43,950

43,200

(-1.71%)

0.8

(-54.29%)

435.00

1,59,600

1,56,800

(-1.75%)

15.7

(-31.89%)

6,900.00

35,375

34,750

(-1.77%)

531

(-14.42%)

2,080.00

3,12,900

3,07,200

(-1.82%)

0.3

(-33.33%)

570.00

4,45,795

4,37,665

(-1.82%)

30.3

(-21.3%)

11,800.00

59,300

58,200

(-1.85%)

90

(-41.27%)

40,000.00

2,625

2,575

(-1.9%)

1,814.9

(-21.13%)

1,680.00

1,46,650

1,43,850

(-1.91%)

0.05

(-92.86%)

1,020.00

1,11,650

1,09,450

(-1.97%)

142.95

(-0.73%)

1,260.00

35,000

34,300

(-2%)

170

(-3.6%)

2,000.00

33,950

33,250

(-2.06%)

0.05

(-50%)

1,604.00

2,31,600

2,26,800

(-2.07%)

2.55

(-56.03%)

195.00

2,25,600

2,20,900

(-2.08%)

0.1

(-66.67%)

950.00

8,50,000

8,32,150

(-2.1%)

1.5

(-67.74%)

52.00

77,85,100

76,20,000

(-2.12%)

0.84

(-23.64%)

2,000.00

1,67,750

1,64,175

(-2.13%)

85.4

(-9.05%)

2,540.00

70,250

68,750

(-2.14%)

13.65

(-63.55%)

2,340.00

1,95,000

1,90,800

(-2.15%)

0.2

(-33.33%)

580.00

3,13,005

3,06,230

(-2.16%)

23.2

(-12.95%)

12,800.00

20,700

20,250

(-2.17%)

1,010.6

(-0.04%)

4,300.00

68,550

67,050

(-2.19%)

284.1

(-0.53%)

3,550.00

31,150

30,450

(-2.25%)

298.15

(-15.49%)

1,030.00

48,400

47,300

(-2.27%)

134.8

(-2.81%)

1,040.00

15,14,250

14,79,750

(-2.28%)

2.85

(-74.32%)

1,800.00

1,68,300

1,64,400

(-2.32%)

76.65

(-11.8%)

1,225.00

68,000

66,400

(-2.35%)

0.15

(-70%)

95.00

6,80,000

6,64,000

(-2.35%)

14.3

(-8.33%)

1,100.00

91,850

89,650

(-2.4%)

32.6

(-3.69%)

3,650.00

79,975

78,050

(-2.41%)

1.4

(-33.33%)

130.00

43,62,100

42,53,500

(-2.49%)

0.05

(-37.5%)

320.00

7,00,000

6,82,500

(-2.5%)

32

(-7.11%)

5,900.00

78,000

76,050

(-2.5%)

0.9

(-63.27%)

1,900.00

14,000

13,650

(-2.5%)

113

(-16.3%)

1,440.00

1,77,375

1,72,875

(-2.54%)

0.25

(-64.29%)

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Premium

Discount

Script
Spot
Future
Premium(%)

CONCOR

477.55

477.60

0.01%

IEX

124.26

124.28

0.01%

BAJAJFINSV

1,876.70

1,877.00

0.01%

DIVISLAB

7,248.50

7,250.00

0.02%

FEDERALBNK

354.30

354.40

0.02%

What is Long Unwinding?

Long unwinding refers to a situation where investors or traders sell off previously held long positions in stocks or other securities. This normally occurs when investors feel that the stock has reached its peak value or are expecting a nosedive in price. The reason behind such unwind decisions may be profit-taking, market sentiment changes, or some form of risk management strategy. It is essentially the closing of positions initially opened in anticipation of rising prices.

Long unwinding can happen in all sorts of contexts, from earnings reports to market corrections or geopolitical events that may dent investor confidence. It also tends to occur with greater selling volume. As a result, prices begin to swing and could be pretty volatile. In relation to this, traders can employ various methods of technical analysis to pinpoint their possible unwind positions. As has been discussed above, the process of long unwinding is instructive for investors since it would be indicative of certain changes in market action, which they can base their decisions on to enter or exit positions.

Indicators and Signals of Long Unwinding

Several signs can indicate that the market is long unwinding, including the following:

  • Falling Volume on Up Days: If the price of a stock has increased while falling in trading volume, this means there is less conviction in buying.
  • Increasing Selling Pressure: Suddenly spiking selling pressure in order to catch a falling price suggests that investors are unwinding their long positions.
  • Divergence of Technical Indicators: When stock prices are rising, and the momentum indicators weaken, that may be a signal for impending unwinding.
  • High Put-Call Ratios: An increase in put options over call options shows that investors are taking hedge positions against declines and thus suggests the possibility of unwinding.
  • Negative News Sentiment: The deterioration in news flow will incite investors to react by unwinding their long positions.

Impact of Long Unwinding on Stock Prices

Long unwinding tends to put downward pressure on stock prices. Heavy selling by investors increases the supply of stocks in the market. If the number of buyers is not sufficient to absorb the selling pressure, it is bound to have a negative effect on stock prices. This may result in a correction in the wider market if the selling continues unabated. The effect of long unwinding is more pronounced in thinly traded stocks, where even modest selling can result in steep price falls.

The long unwinding process can also be highly volatile and unpredictable, as market participants would react to changes in market sentiment and continuously rebalance their positions. Further, with falling prices due to increased supply, other investors may become fearful and even panicky, selling with the others and accelerating the price declines.

Long unwinding may also be responsible for stop-loss orders, which might accelerate downward movements in stock prices. On the other hand, when long unwinding leads to oversold conditions, that can give contrarian investors an opportunity to buy undervalued shares. Therefore, an understanding of long unwinding and its dynamics will help navigate the markets more effectively.

Is Long Unwinding Bullish or Bearish?

Long unwind is generally viewed as a bearish condition because it tends to reflect the loss of investor confidence in the future performance of the stock. In that case, when more traders are liquidating their stock, this shows a shift in sentiment from bullish to bearish, in which further declines may be seen.

Although long unwinding is generally viewed as a signal for bearish sentiment, sometimes the notion represents a consolidation phase or even a reversal if buying interest returns after the initial selling wave. For instance, stocks may get oversold due to excessive unwinding and, therefore, start attracting bargain hunters who look for undervalued opportunities.

Long unwinding has, at times, however, given way to the beginning of new bullish trends once the sell-off pressure dies down and demand starts building up again. While the immediate ramifications of long unwinding are bearish, its longer ramifications would depend upon further market reactions and changes in investor sentiment.

FAQs

Is call unwinding bullish or bearish?

downArrow

Call unwinding is generally considered bearish, as it indicates that investors are closing positions to take profits, suggesting they anticipate a price decline. But it can also be bullish if profits are reinvested into other opportunities.

How to check long unwinding?

downArrow

To check for long unwinding, monitor indicators like increased selling volume, consistent price declines, and reduced open interest in derivatives. Additionally, observe changes in market sentiment and divergence from broader market trends, which may signal potential unwinding.

What is the process of unwinding?

downArrow

Unwinding is the process of closing out a trading position by engaging in offsetting transactions. This can involve multiple steps, especially for complex trades, and may also include correcting trade errors made during previous transactions.

What does long unwinding indicate?

downArrow

Long unwinding indicates a shift from bullish to bearish sentiment among investors. It suggests that traders are losing confidence in a stock's upward potential and expect price declines, leading to increased selling pressure in the market.

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