Surge in Put Options: ABB India Ltd Sees 7,113 Contracts at 5500 Strike Price

ABB India Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, operating in the Heavy Electrical Equipment industry, has seen significant trading activity in its put options with various strike prices set for expiry on July 31, 2025.
Notably, the put option with a strike price of 5500 recorded the highest trading volume, with 7,113 contracts traded and a turnover of approximately Rs 1,177.38 lakhs. This was closely followed by the 5400 strike price option, which saw 5,109 contracts traded and a turnover of Rs 617.61 lakhs. Other notable strike prices included 5300, 5200, and 5600, with respective trading volumes of 4,768, 4,105, and 3,029 contracts.

The underlying value of ABB shares stands at Rs 5,585. The stock has outperformed its sector by 1.48% today, marking a trend reversal after five consecutive days of decline. Additionally, the stock's liquidity remains robust, with a delivery volume of 281,000 shares, reflecting a 44.15% increase compared to the five-day average.

In summary, ABB India Ltd's put options are witnessing heightened activity, driven by significant trading volumes and a notable turnover, while the stock itself is showing signs of recovery amidst fluctuating market conditions.