Stocks in momentum
· Grasim options volume 1.9x the 20-day average, with 768 calls changing hands vs 223 puts, Stock up 4.3%, volume 0.4x the 20-day average for this time of day.
· Dr Reddy's options volume 1.8x the average, with 2,355 calls vs 712 puts, Stock up 5%, volume 1.5x the average.
· Larsen options volume 1.7x the average, with 10,761 calls vs 3,231 puts, Stock up 4.2%, volume 0.8x the average.
· UPL options volume 1.6x the average, with 1,662 calls vs 150 puts, Stock up 2.6%, volume 0.7x the average
· Titan Co options volume 1.6x the average, with 1,962 calls vs 1,900 puts, Stock down 4.4%, volume 0.7x the average.
· Sun Pharma options volume 1.5x the average, with 15,305 calls vs 6,022 puts, Stock up 3.5%, volume 1.5x the average
· Bharti Airtel options volume 1.5x the average, with 8,958 calls vs 3,059 puts, Stock up 5.6%, volume 1x the average
· Nifty 50 options volume 1.3x the average, with 1.57 million calls vs 1.24 million puts; gauge down 0.9%, Cost of hedging as measured by the 90/110, one-month skew ranks in the 95th percentile over the past year
· Nifty Bank index options volume 2.1x the average, with 1.98 million calls vs 1.42 million puts; gauge down 1.5%, 90/110, one-month skew in the 71st percentile.
· India VIX Index up 3.7%
