I’m looking to buy 15000-call on Maruti. Would you suggest holding till expiry or exit at some level? – Saravanan Na
Maruti Suzuki (₹14,977): The stock saw a considerable decline through January and lost 12.6 per cent. However, it has gained 2.6 per cent so far in February. That said, the stock has not shed the bearishness fully and only a clear breakout of ₹15,500 can turn the tide in bulls’ favour.
So, as it stands, the likelihood of resumption in decline is high. So, we would suggest avoiding call options at the current levels. Once the stock surpasses the resistance at ₹15,500, you can go long on calls. If such a move occurs before the end of February, we would still suggest you consider March contracts so that you can avoid fighting the time decay.
What is the outlook for Voltas? Can I consider trading options on the stock? – Tarun Dutta
Voltas (₹1,546.90): The stock has now posted gains for three consecutive weeks. But the gains have been shrinking and last week it was up by 1.4 per cent. But this is not something bearish because, the recent rally has lifted the stock above key resistance at ₹1,470. Moreover, it has been able to sustain above this level.
That said, the scrip is now hovering near another barrier at ₹1,550. So, from the current level, the stock might see a dip, possibly to ₹1,500, before it breaks out of ₹1,550. Overall, with or without a corrective decline, we expect the stock to eventually surpass ₹1,550 and rise to ₹1,640. A breakout of this can take it higher to ₹1,800.
Given the aforementioned factors, you can consider buying call options (we recommend opting for March contracts instead of February contracts to avoid time decay). But rather than buying now, you can purchase options if the stock price dips to ₹1,500 or after the breakout of the hurdle at ₹1,550, whichever happens first.
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Published on February 21, 2026
