The Net Drift tool is navigate to the Flow Analysis page under the Built-in Pages tab. The Net Drift tool allows you to see the net premium by sentiment in real-time for the market at large, all individual index by expiry that trade options, and individual strikes.
We consided Delta ATM to OTM all Strikes for net premium calculations
| Net CE PE Premium Position | Interpretation | Market Sentiment |
|---|---|---|
| Net CE Premium Position < Net PE Premium Position |
Call positions are reducing in value faster than Puts. This can indicate:
|
Bullish |
| Net CE Premium Position > Net PE Premium Position |
Put positions are losing value more quickly than Calls. This can indicate:
|
Bearish |
| Net CE Premium ≈ Net PE Premium | Both call and put premiums an OI are balanced | Neutral / Uncertain |
Net Drift tracks the cumulative premium and OI of all index options traded India Options Market. The chart can be broken down as follows:
| Net Premium Difference Sentiment | Interpretation | Market Sentiment |
|---|---|---|
| > 0 (Positive) | Call options are more expensive than puts (Put side high writing) | Bullish |
| < 0 (Negative) | Put options are more expensive than calls (Call side high writing) | Bearish |
| = 0 (Neutral) | Both call and put premiums are balanced | Neutral / Uncertain |
The Net Premium Difference is around -84.90Cr (negative):
This means CEE premiums value are higher than PE premiums value by ~₹84.90Cr.
Could signal more demand for calls → potentially bearish outlook at that moment.
CE PE Premium is sum of all ATM to OTM Strikes.
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