BUSINESS INTELLIGENCE USING SAS PROJECT
ON
“PUT CALL PARITY ON NIFTY INTRADAY DATA”
AT
INSTITUTE OF MANAGEMENT TECHNOLOGY, HYDERABAD

BY
ADITI GUPTA
SHIWANI SHARMA
SWATI TOMAR
TULIKA CHAMADIA

APPROVED BY DR. CHAKRAPANI
(ASSOCIATE PROFESSOR)

DATE OF SUBMISSION
15th October, 2013

ACKNOWLEDGMENT

We would like to thank several people for their support and encouragement during the project without which this project would not have been a success. At first, we would like to extend my thanks to our Project Mentor/Guide Dr. Chakrapani, Associate Professor at Institute of Management Technology, Hyderabad, who gave us such a nice subject and project to work on which helped us to get the insight on the subject. Apart from this he always helped and guided us at every point of time of the project. He has been a continuous guide for putting in the correct efforts as well as how to improvise on the quality in time. He has been a great support in bringing this project to the desired format.
At last we would also like to extend a special thanks to the other project members, friends and family who always supported us throughout the project.

Table of Contents ACKNOWLEDGMENT 2 1. INTRODUCTION 4 OPTION CONTRACT 4 TYPES OF OPTION CONTRACT 4 OPTION PRICING 4 INTEREST RATES AND DIVIDENDS 5 PUT-CALL PARITY 6 2. PUT-CALL PARITY INTRADAY ON INDEX DATA 6 OBJECTIVE 6 METHODOLOGY 6 FINDINGS 7 CONCLUSION: 9 PROGRAM: 9

1. INTRODUCTION
OPTION CONTRACT
An Option contract is an agreement in which a seller (writer) conveys to a buyer (holder) of a contract the right, but not the obligation, to buy or sell a specific quantity of something at a specified price on or before a specified date. The option writer has the obligation to fulfil his side of the contract if the option holder decides to exercise the option.
Options are