Punter’s Call

[Pages:4]Daring Derivatives

February 11, 2022 Index

Punter's Call Derivative Activity Derivative Recommendation

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Punter's Call

A sharp dive again

Derivatives summary

? Nifty February futures closed at a discount of 18.95 points versus a premium of 11.8 points.

? The market added Rs. 91221 crore in open interest, taking the total open interest in the F&O segment to Rs. 22,14,180.72 crore.

? The Nifty call option added 292.81 lakh shares in open interest and the put option added 165.30 lakh shares in open interest.

? POWERGRID (19%), TATACHEM (18%), CROMPTON (14%), MOTHERSUMI (13%) and GODREJPROP (13%) were the top gainers in terms of open interest.

? PFC (15%), COROMANDEL (12%), PETRONET (9%), INDUSINDBK (7%) and FEDRELBANK (7%) were the top losers in terms of open interest.

? Overall futures & options volumes currently stand at 597.95 lakh contracts, with a turnover of Rs. 54,38,143.46 crore. Volumes in the F&O segment were lower as compared to the previous trading session.

Market commentary The Nifty began trading on a weak note in line with negative cues from international markets. Stock-specific action was also visible across the board, wherein large-cap counters such as IOC, INDUSINDBK, TATASTEEL, NTPC and BPCL were among the top gainers that rose by 1-2%, while bluechip stocks like GRASIM, TECHM, INFY, UPL and HCLTECH were among the top losers that fell by 1-4%. The Nifty ended the day in the red at ~17330 levels with a loss of ~1.63%.

Daily view

? About 0.80 lakh shares were added in open interest with an increase in prices, which indicates that short build-up was observed by market participants.

? On the options front, the volatility index increased by 5.47%.

Nifty F&O snapshot

Current

Nifty (Current Mon.)

17355.8

Nifty Premium/Disc.

-18.95

OI

10925250

Vol

25537050

PCR(OI)

1.09

PCR ( VOL)

0.99

INDIA VIX (%)

18.68

Previous 17617.65

11.80 80844450 18917000

1.23 1.01 17.71

Change % -1.49% -30.75

-86.49% 35.00% -11.38%

-1.98% 5.48%

Currency watch

USD VS INR

Current 75.34

Previous 75.26

Change % 0.11%

Monthly view on Nifty

Lower Range* 17419

*On a closing basis

Higher Range* 18000

Daily view on Nifty

5-day VWAP*

Lower Range

Higher Range

17383

17000

17383

* Volume-weighted average price (VWAP) is the ratio of the value traded to total volume traded over a particular time horizon. It is a measure of the average price a stock traded at over the trading horizon. A lower range and higher range for the day is normally defined by the support and resistance level respectively.

Advance / Decline ratio in futures

Advance Decline Unchanged Total AD Ratio

16 183 0 0 0.09

February 11, 2022

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Daring Derivatives

439.7

Open interest 17100 194550

977800 17200 531050

1304350 17300 694300

1590250 17400 1300700

1125400 17500 2066800

1512250 17600 1456400

761200 17700 1195300

352800

Nifty option strikes OI

2500000

CE

PE

2000000

1500000

1000000

500000

0

Strike price

Nifty option strikes prices

1.2

500

450

1

400

350 0.8

300

Closing Price

0.6

250

200

0.4

150

0.2

100

50

0

0

320.45 165.2

260.75 206.1

208.2 248.45

Px CE

Px PE

385 17100

133.85

17400

17300

17200

Strike price

362.9

159.7 303.65

89.2 17700

17600 119.15

17500

Derivative Activity

Most active index call option

Strike

Curr. Prem.

P.Y. Prem.

Curr. OI

% Chg. OI

17500 C

159.7 280.85 2066800 23.90%

17400 C

208.2 346.35 1300700 116.03%

17600 C

119.15 221.15 1456400 15.48%

18000 C

32.2

69.6 2548600 9.74%

17700 C

89.2 170.85 1195300 12.56%

% Chg. Prem. -43.14% -39.89% -46.12% -53.74% -47.79%

Most active stock call options

Strike

Curr.

P.Y.

Prem. Prem.

DIVISLAB 4400 C

75.35 96.85

INDUSINDBK 980 C

29.25 23.3

HINDALCO 550 C

9.8 12.6

INFY 1800 C

8.95 19.05

ITC 230 C

3 3.2

Curr. OI

286500 1615500 3569000 3118500 21228800

% Chg. % Chg. OI Prem.

76.20% -22.20% 137.43% 25.54% 32.48% -22.22% 27.73% -53.02% -4.49% 0.00%

Most active index put options

Strike

Curr. Prem.

P.Y. Prem.

17300 P

206.1 99.75

17400 P

248.45 128.25

17000 P

105.55

47

17500 P

303.65

162

17200 P

165.2

77.05

Curr. OI

1590250 1125400 3286150 1512250 1304350

% Chg. % Chg. OI Prem.

47.44% 106.62% 50.56% 93.72%

2.10% 124.57% -18.61% 87.44%

4.82% 114.41%

Most active stock put options

Strike

Curr.

P.Y.

Prem. Prem.

HDFCBANK 1500 P

15.8 12.35

INFY 1700 P

21.55

7.5

AXISBANK 800 P

12.5

9.9

DIVISLAB 4300 P

121.6 110.6

BAJFINANCE 7000 P 177.8 118.3

Curr. OI

1403600 595200 1899600

57700 220875

% Chg. OI

-4.53% 8.95% 8.95% 53.05% 1.20%

% Chg. Prem. 27.94% 187.33% 26.26% 9.95% 50.30%

Most active stock futures (Current Month)

Scrips

Curr. CoC Pre. CoC

Curr. OI % Chg. OI

DIVISLAB

3.71% 12.45% 2838900 7.34%

TATASTEEL

-1.56%

8.15% 42713775 -2.91%

RELIANCE

1.48% 5.80% 29236750 -3.65%

INFY

9.62% 10.16% 40986600 0.70%

TCS

9.10% 10.58% 12481350 2.66%

FIIs' F&O activity (in cr) February 11, 2022

Buy

Sell

INDEX FUTURES

4327.46

5380.24

INDEX OPTIONS

458666.62 456787.18

STOCK FUTURES

14113.65

15127.48

STOCK OPTIONS

13808.67

14053.39

TOTAL

490916.4 491348.3

Difference -1052.8 1879.4 -1013.8 -244.7 -431.9

Product Name

Recommendation

Scrip Name

Initiated Date

Initiated Price

Updated Date

Exit Price

Quantity

CALL STATUS

Derivative calls BUY BANKNIFTY 17-Feb-2022 CE 38800 11-Feb-2022 370.0000 11-Feb-2022 334.5000 25 BOOK LOSS

Derivative calls BUY BHARTIARTL 24-Feb-2022 CE 730 10-Feb-2022 9.5000 11-Feb-2022 10.3000 950 BOOK PROFIT

Derivative calls BUY HDFC 24-Feb-2022 CE 2500

10-Feb-2022 41.0000 11-Feb-2022 21.2500 300 BOOK LOSS

February 11, 2022

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