Open Interest – A Camet Sat, 22 Jan 2022 09:35:47 +0000 en-US hourly 1 Open Interest – A Camet 32 32 L&T and Tata Motors among 6 most targeted stocks ahead of 2022 budget, says Hem Securities’ Mohit Nigam Sat, 22 Jan 2022 08:58:52 +0000

Mohit Nigam, Head – PMS, Hem Securities said Finance Minister Nirmala Sitharaman’s upcoming budget may focus on Capex stimulus and green energy. In this regard, many incentives can be observed in the manufacture of electric vehicles, solar energy and semiconductors.

In an interview with Zeebiz’s Kshitij Anand, Nigam said some announcements on the health and infrastructure sector could be the priorities for this year’s budget. Edited excerpts:

Watch the Zee Business live stream below:

Q) It was a volatile week for the Indian and Sensex markets, Nifty lost over 3%. What led to the price action?

A) Some of the factors that led to a correction in the markets are the fall in US equity markets (down for 5 straight sessions) the sharp rise in US bond yields which cause investors to shift their funds to less risky assets, investors foreign institutional (FII) sold in recent sessions, rising COVID cases and restrictions imposed by state governments.

In addition, third quarter results so far have indicated the pressure on operating margins that is impacting the company’s profitability.

Q) Small and mid caps also ended the week in the red – it looks like the high beta rally was halted ahead of the budget. What are your views?

A) The main reason for the current drop in small and mid caps can be attributed to global markets, as the losses in Indian markets reflect the fall in US equity markets as well as the sale of FII.

The market also anticipates a normalization of liquidity by RBI at the next monetary policy meeting. We expect the broader markets to continue to outperform the Nifty 50 in 2022 as well, as small and mid caps still do well when the economy improves.

Looking at the macro numbers, we can say that the economy will improve, earnings will improve, and small and mid cap growth will be seen as more important than large cap earnings growth.

Given that markets are more resilient and covid is no longer an unknown variable like it was last year, this drop may not last long and we can see positive momentum returning to the market, sustained by strong corporate earnings and supportive policies.

Q) What is causing the nervousness of FIIs that have been net sellers of Indian equities and will there be a change in trend as the budget approaches?

A) The continued selling of FII in the Indian markets was driven by the need to make profits amid rising inflation, resulting in a high bond yield. Ongoing geopolitical tensions and soaring oil prices also weighed on investor confidence.

This prompted FIIs to pull money off the table, while domestic investors stayed the course. There has been a massive increase in the total number of retail investors, indicating that Indian stocks are now overwhelmingly dominated by retail investors.

We think markets will be waiting for clarification on the actions taken by central banks around the world as well as the RBI. After many years of accommodative monetary policy and near-zero interest rates, most central banks are now looking to tighten liquidity and raise interest rates over the next few months.

Such a simultaneous withdrawal of monetary support can have a negative impact on market movement. However, we found that equities performed well, as most of the time rate hikes happen when economies recover.

Therefore, we believe that rising interest rates are not necessarily negative for equities. With the US Fed focusing more on CPI inflation and also doubling the cut to $30 billion per month, US Treasuries yields are expected to rise slightly going forward.

Therefore, the trend may not change immediately. However, over time, India is expected to see positive FII inflows, given the strength of domestic macro-economies and robust earnings growth prospects.

Q) This is an expiry week and a week before the 2022 budget announcements. What should be the strategy for investors on Nifty?

A) The market has seen strong selling recently and the previous week and the Budget 2022 main event is scheduled. The next trading sessions could be just as volatile.

The Nifty50 could see strong moves in either direction as profit booking and short hedging could intensify.

Turning to the options data, strong call writing is seen at the 17,900 and 18,000 levels indicating strong resistance for the week, while open interest for put options indicates support at 17,500 followed by 17,000.

We recommend a short strangle strategy where traders could write 17500 puts and 17800 calls for a total premium of around 155 per pair and to hedge risk buy 17350 puts and 17950 calls for a total premium of 85 per pair.

The maximum profit would be Rs. 3500 for the trade if Nifty ends the expiry week between 17500 and 17800.

Q) In your opinion, what actions will probably remain targeted before the budget? Budget choices investors can pay attention to and why?

A) Finance Minister Nirmala Sitharaman’s next budget could focus on the recovery of Capex and green energy. In this regard, many incentives can be observed in the manufacture of electric vehicles, solar energy and semiconductors.

Some announcements on the health and infrastructure sector could be the priorities of this year’s budget.

Some stocks investors should keep an eye on are:


There is multi-year revenue visibility from large order books and the government is expected to increase spending on road infrastructure in this year’s budget.

The company’s order execution capabilities, efficient use of capital and debt reduction make it a good long-term performer.

Tata Power and Tata Motors:

Renewable energy and electric vehicles could be a priority area in this year’s budget. The Prime Minister announced in Glasgow net zero carbon emissions by 2070. There may be announcements about that.

Bharti Airtel:

India has witnessed a revolution in the telecom sector over the past seven years which is expected to continue in the coming years.

The government’s drive to bring 5G technology to India as soon as possible will give the company a good boost. The price of data per gigabyte has dropped from Rs. 200 in 2014 to Rs. 10 in recent years.

Paras Defense and MTAR:

An increased partnership with private actors in the defense sector has led to a substantial increase in the defense budget. For the first time, India is on the list of defense equipment exporting countries, currently exporting to more than 84 countries.

This year’s budget could focus on increased collaboration of government agencies with private actors to boost defense exports and the transformation of R&D to drive innovation.

(Disclaimer: Opinions/suggestions/advice expressed here in this article are investment experts only. Zee Business suggests its readers consult their investment advisors before making any financial decisions.)

(DOCU) – DocuSign Whale Trades for January 20 Thu, 20 Jan 2022 17:03:00 +0000

Someone with a lot of money to spend has taken a bearish stance on DocuSign (NASDAQ: DOCU).

And retailers should know that.

We noticed this today when the big position appeared on the history of publicly available options we track here at Benzinga.

Whether it is an institution or just a wealthy individual, we don’t know. But when something this big happens with DOCU, it often means someone knows something is going to happen.

So how do we know what this whale just did?

Today, Benzinga’s options scanner spotted 12 uncommon options trades for DocuSign.

It’s not normal.

The general sentiment of these big traders is split between 41% bullish and 58% bearish.

Of all the special options we discovered, 6 are put options, totaling $912,773, and 6 are call options, totaling $288,031.

What is the target price?

Given the volume and open interest on these contracts, it appears whales have been targeting a price range of $110.0 to $250.0 for DocuSign over the past 3 months.

Development of volume and open interest

Reviewing volume and open interest is an insightful way to perform due diligence on a security.

This data can help you track the liquidity and interest of DocuSign options for a given strike price.

Below, we can see the evolution of Call and Stake volume and open interest, respectively, for all of DocuSign’s whale activity within a strike price range of $110.0. at $250.0 in the last 30 days.

DocuSign Options Volume and Open Interest in the Last 30 Days

The biggest options spotted:

symbol PUT/CALL Kind of trade Feeling Exp. Dated Strike price Total trade price open interest Volume
DOCUMENT TO PUT TRADE BULLISH 01/19/24 $130.00 $353,100 348 110
DOCUMENT TO PUT TRADE BULLISH 01/21/22 $200.00 $347.5,000 3.0K 50
DOCUMENT TO CALL TO SWEEP UP BULLISH 01/21/22 $130.00 $136,800 1.6K 346
DOCUMENT TO PUT TRADE BEARISH 03/18/22 $220.00 $89.6K 1.6K ten
DOCUMENT TO PUT TRADE NEUTRAL 02/18/22 $250.00 $71,100 28 0

Where is DocuSign right now?

  • With a volume of 1,031,388, the DOCU price is up 2.61% to $130.3.
  • RSI indicators suggest that the underlying stock may be oversold.
  • The next results should be published in 49 days.

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you are already an options trader or want to get started, head over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analysis to bolster your investing and trading strategy.

On-call traders should add this chemical specialist to their portfolio Tue, 18 Jan 2022 17:01:18 +0000

CF options seem affordable at the moment

The actions of CF Industries Holdings, Inc. (NYSE:CF) – up 45% year-on-year – retreated after hitting all-time highs in late December. This correction put the CF at the $63.50 level, triple its 2020 closing low, and close to the 80-day moving average – a trendline that has supported breakouts in the past. Additionally, the $70 area is remarkable given its correspondence to CF’s $15 billion market capitalization. With these solid technical foundations in place, now is the perfect time to speculate with calls.


A relaxation of pessimism could put wind at the back of equities. This is the open interest ratio (SOIR) put/call for CF Industries Schaeffer stock, which is above 93% of last year’s readings. In other words, short-term options traders had a bigger appetite than usual for put options.

A further shift in sentiment from the brokerage group could also have bullish implications for CF, as five out of 11 hedges still rate the stock as a lukewarm “hold”. In addition, short-term interest has increased by 50.7% over the past month.

The good news is that the options are affordable right now. That’s CF Industries’ Schaeffer Volatility Index (SVI) of 38%, which is in the relatively low 25th percentile of its annual range, meaning options traders’ volatility expectations are frosty. for the moment. Additionally, the stock’s Schaeffer’s Volatility Scorecard (SVS) sits at 85 out of 100, suggesting that the stock has exceeded options traders’ volatility expectations over the past year.

Our recommended call option has a leverage ratio of 5.0 and will double with a 19.8% increase in the underlying stock.

Subscribers to Schaeffer’s Weekend Trader options recommendation service received this commentary from the CF on Sunday evening, along with a detailed options trading recommendation, including full entry and exit parameters. Learn more about why weekend trader is one of our most popular options trading services.

Chelsea haven’t entered into talks with Ajax over Nicolás Tagliafico Sun, 16 Jan 2022 21:15:16 +0000

Fabrizio Romano: Chelsea haven’t opened any talks with Ajax over Nicolás Tagliafico

According to the transfer expert fabrice romanoDespite showing interest in December, Chelsea made no formal approach to sign Nicolás Tagliafico from Ajax in January.

Chelsea’s left-back options have taken a hit this campaign following Ben Chilwell’s injury. The only viable choice Thomas Tuchel currently has is Marcos Alonso. However, the Spaniard is getting older and might find it difficult to manage his busy schedule.

Tuchel used alternative options like Saúl Ñíguez, Callum Hudson-Odoi and Malang Sarr to share the pressure on this flank, but it’s unreasonable to expect the same impact from them in this position as a natural left-back.

Nicolás Tagliafico against Chelsea in a Champions League tie. Copyright: xTessxDerryx 48127562

Therefore, the search for a left-back in winter was obvious. Chelsea was interested to Nicolás Tagliafico in December and the Argentine has been a regular for the Eredivisie side for the past few seasons.

What’s next for Tagliafico?

The Ajax star, however, fell down the pecking order under Erik ten Hag after a slow start to the season. He is no longer an irreplaceable option on the left flank of his current team and his career in the Netherlands is becoming more and more difficult due to the lack of playing time.

Tagliafico has attracted a lot of attention from Napoli, who are still pushing for a loan. However, according to Fabrizio Romano, Chelsea have not do any new approach regarding his signing in the January window.

    Nicolás Tagliafico was on Chelsea's radar last month.
Nicolás Tagliafico was on Chelsea’s radar last month.

After failing to land Lucas Digne and being blocked by Lyon in their bid to bring back Emerson Palmieri, our squad have yet to bring a new face to Stamford Bridge this month. And with two weeks remaining in the window, it remains to be seen if we sign anyone in February.

More Chelsea news

The Blues board have managed to recall Robert Kenedy from Flamengo, who can provide short-term cover in this area. Tagliafico, who turns 30 this year, has the same age profile as Marcos Alonso.

If we want to sign a left-back to compete with Chilwell in the long term, it would be wiser to sign a younger player in that role. In that regard, it’s not a big setback knowing that we haven’t had talks for Tagliafico this month. But bringing in a new left-back this month would definitely be something the fans would agree with.

the best women’s singles matches in history Sat, 15 Jan 2022 07:10:00 +0000

the Australian Open 2022, the first Grand Slam of the season, has many reasons for interest, and high winds of anticipation among insiders, media and fans, for the Game’s first major event of the season which has just begun.

There will be no Roger Federer and Serena Williams. But there will be all the other stars of world tennis, like Rafael Nadal and Naomi Osaka. There will also be the 9 times champion of the tournament Novak Djokovic, who was the protagonist of a real legal war between Australia and Serbia for his entry into the country.

Speaking of history, there are names inextricably linked to the history of tennis’ greatest tournaments and the Australian Open is no exception..

Australian Open: the best women’s singles matches in history

Another big challenge was Serena Williams versus Venus Williams in 2003.

By defeating her sister di lei in the final in three sets for 7–6(4), 3–6, 6–4, Serena won the first Australian Open of her career and she was confirmed as the brightest star American women’s tennis.

This was followed by six more titles in Melbourne, for a total of 7, the last of which was just in 2017, again against her sister di lei Venus. We must also remember Jennifer Capriati v Martina Hingis match in 2002. For the second year in a row, Capriati beat Martina Hingis in the Melbourne final after three thrilling sets, finished 4–6, 7–6(7) , 6–2, winning the second Australian Open title of his career.

Simona Halep v Angelique Kerber, 2018 semi-final, was one of the best matches of the season, and one of the best in Melbourne. After a very balanced and hard-fought match, Halep beat the German in three sets, with the final score of 6-3 4-6 9-7, reaching her first Australian Open final.

One of the finest matches at the Australian Open was the one between Margaret Smith and Evonne Goolagong in 1971. Smith recovered a set disadvantage over her opponent, before beating her in three sets, with the final score 2 –6, 7–6, 7–5, and winning his 10th Australian Open title.

Martina Navratilova against Chris Evert was one of the challenges that characterized the 80s. Navratilova defeated the American tennis player after three thrilling sets, with the final score of 6–7(4), 6–4, 7– 5, winning his first Australian title, in 1981.

]]> Novak Djokovic included in Australian Open draw as visa saga continues Thu, 13 Jan 2022 12:06:00 +0000

MELBOURNE, Australia – The Australian Prime Minister said on Thursday that his government’s strict policy towards visitors who were not vaccinated for Covid-19 had not changed, as he prepares to make the decision to kick out Serbian tennis star Novak Djokovic.

The men’s tennis No.1 saw his visa revoked upon arriving in Melbourne last week when his vaccination exemption was challenged, but he won a legal battle over procedural reasons that allowed him to stay in the country. He still faces the prospect of deportation – a decision which is entirely at the discretion of Australian Immigration Minister Alex Hawke if deemed to be in the public interest for health and safety reasons.

Despite the cloud over Djokovic’s ability to compete, organizers of the Australian Open have included the seed in the draw. He is set to face fellow Serbian Miomir Kecmanovic, ranked world No.78, in the first round.

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Prime Minister Scott Morrison said Australia’s policy on Covid-19 vaccinations has not changed since the country’s border was opened to non-quarantine travel a month ago.

Non-citizens had to prove they were doubly vaccinated or “provide acceptable proof that they cannot be vaccinated for medical reasons,” Morrison said.

“This is the policy and of course we would expect the authorities to implement the policy,” Morrison said.

Djokovic is not vaccinated. His argument for an exemption is based on evidence that he was diagnosed with Covid-19 in Serbia last month and has since recovered.

Hawke has been examining the issue of Djokovic’s deportation since a judge reinstated the 34-year-old’s visa on Monday.

Morrison would not give any indication of how long the decision might take, with Djokovic planning to defend his Australian Open title from Monday.

Morrison referred to Hawke’s statement on Wednesday that Djokovic’s lawyers recently filed other documents affecting the decision timeframe.

“These are personal ministerial powers that can be exercised by Minister Hawke and I do not propose to make any further comments at this time,” Morrison said.

Deputy Prime Minister Barnaby Joyce said most Australians disapprove of the nine-time and reigning Australian Open champion coming to Melbourne to compete in violation of the country’s strict pandemic quarantine rules.

“Most of us thought because Mr. Djokovic hadn’t been vaxxed twice that he would be asked to leave,” Joyce said. “Well, that was our point of view, but it was not the court’s point of view. “

Debate over Djokovic’s presence in Australia rages amid a surge in Covid-19 infections across the country.

About half of Australia’s cases since the start of the pandemic have been diagnosed in the past two weeks.

The state of Victoria, which hosts the Australian Open, on Thursday relaxed the seven-day isolation rules for close contact of those infected in sectors such as education and transport to reduce the number of ’employees who stay out of work.

The state recorded 37,169 new cases in the last 24-hour period on Thursday, as well as 25 deaths and 953 hospitalizations.

Ticket sales for the tennis tournament have been limited to reduce the risk of transmission.

In a statement posted to his social media accounts on Wednesday, the tennis star blamed his support team’s “human error” for failing to say he had traveled in the two weeks prior to entering Australia.

Giving false information on the form could be grounds for expulsion. The first news that Djokovic had been granted an exemption to enter the country sparked an uproar and the ensuing dispute has since eclipsed preparations for the Australian Open.

Djokovic remains in limbo ahead of the start of the first major tennis tournament of the year on Monday. The stakes are particularly high as he is aiming for a 21st men’s Grand Slam singles title.

The expulsion could result in penalties of up to a three-year ban on entering Australia, an intimidating prospect for a player who has won nearly half of his 20 Grand Slam singles titles here.

Bitcoin price climbs to $ 43,000, but traders warn the ‘real pain’ is with altcoins Tue, 11 Jan 2022 17:34:20 +0000

Bitcoin (BTC) dipped slightly at the Wall Street open on January 11 after the largest cryptocurrency failed to break through resistance above $ 42,000, but new comments from the Chairman of the Reserve Federal government, Jerome Powell, seem to be giving the markets a boost.

1 hour BTC / USD candle chart (Bitstamp). Source: TradingView

Bitcoin clashes over support

According to Powell, the United States will likely remain in a low interest rate environment for some time, a comment that stocks and risk in assets like cryptocurrencies seem to enjoy.

Data from Cointelegraph Markets Pro and TradingView showed BTC / USD to move back to the middle of a narrow range it has now spent four days.

“Very simple, Bitcoin is still stuck in a narrow range, in which the level of $ 42.8K could not exceed,” said Michaël van de Poppe, contributor to Cointelegraph. abstract to Twitter followers.

“All in all, we are currently facing support, which must be maintained to avoid any disruption in the market.”

Even with the current surge to $ 43,100, traders’ mood remains cautious even with lingering bullish indicators and open interest. raise hopes of a “little pressure” upwards.

The Crypto Fear & Greed Index, fresh off multi-month lows of just 10/100, remained firmly in “extreme fear” territory after seeing prices rebound overnight.

Crypto fear and greed index. Source:

Commenting on the action on the derivatives order book on January 10, Decentrader co-founder filbfilb said it was too early to tone down.

“Big bids on Binance, FTX and Bitfinex and a nasty daily candle. So maybe a little relief, but I’m a bear until things change noticeably,” he told followers of its Telegram trading channel.

A real pain “to come” on altcoins

Equally precarious, trader Pentoshi argued that altcoins were likely to form a bull trap by rising before resuming their own downtrend.

Related: “The Most Bullish Macro Backdrop in 75 Years” – 5 Things To Watch Out For In Bitcoin This Week

Like filbfilb and others, Pentoshi maintained a cold outlook on Bitcoin, and even took a bearish view extending to 2022 thanks to the macro climate.

“A lot of these alts seem to have a little bounce in to suck people up before a bad leg down. Lots of test areas they’ve bounced off before after forming parabolic climbs, but have huge areas below where the racks were never built, ”he said. warned Twitter followers Tuesday.

“The real pain is yet to come.”

Pentoshi pointed out to Solana (SOL), who he said he would be interested in buying only at significantly reduced levels between $ 50 and $ 80.

SOL / USD was trading at $ 140 at the time of writing, while the larger Ethereum (ETH) altcoin recovered $ 3,200 as Bitcoin rose.

1 hour ETH / USD candle chart (Bitstamp). Source: TradingView