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 0.55 to 0.10 all Strikes for net premium calculations
Net CE Premium = (Call Price × Call OI)
Net PE Premium = (Put Price × Put)
| Net CE PE Premium | Interpretation | Market Sentiment |
|---|---|---|
| Net CE Premium > Net PE Premium |
Call positions are reducing in value faster than Puts. This can indicate:
|
Bullish |
| Net CE Premium < Net PE Premium |
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 | Interpretation | Market Sentiment |
|---|---|---|
| > 0 (Positive) | Call options are more expensive than puts | Bullish |
| < 0 (Negative) | Put options are more expensive than calls | Bearish |
| = 0 (Neutral) | Both call and put premiums are balanced | Neutral / Uncertain |
The Net Premium Difference is around -84.90Cr (negative):
This means PE premiums value are higher than CE premiums value by ~₹84.90Cr.
Could signal more demand for puts → potentially bearish outlook at that moment.
CE PE Premium is sum of all ATM to OTM Strikes Delta 0.55 to 0.10
