Adani Enterprises Sees Surge in Active Put Options with 11,493 Contracts Traded at Rs 2,200 Strike

Adani Enterprises Ltd, a prominent player in the diversified industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, ADANIENT, is currently valued at Rs 2,179.00, with a notable expiry date for the put options set for August 28, 2025.
Today, a total of 11,493 put contracts were traded at a turnover of approximately Rs 2,556.62 lakhs, indicating significant activity. The open interest stands at 2,518 contracts, reflecting ongoing interest in this option type at a strike price of Rs 2,200.

In terms of performance, Adani Enterprises has outperformed its sector by 0.28% today, marking a trend reversal after four consecutive days of decline. However, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging short-term outlook.

Investor participation has seen a rise, with delivery volume reaching 12.02 lakhs on August 8, a substantial increase of 273.82% compared to the 5-day average. The stock's liquidity remains robust, accommodating trades up to Rs 5.61 crore based on 2% of the 5-day average traded value.

In summary, Adani Enterprises is witnessing heightened activity in its put options, reflecting a complex interplay of market dynamics and investor behavior.