Correct option is B
The logic followed here is:
Logic: Opposite positional value of letters written in cross.
For, "REPLAY" is coded as "BZOKVI".

For, "NOVELS" is coded as "HOVELM".

Similarly,
For, "DEPUTY" be coded.

Thus, "DEPUTY" be coded as "BGFKVW".
Hence, the correct answer is "Option B".