Adani Enterprises Sees 4,777 Put Contracts Trade at ₹2,500 Strike Price

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 2,437.00, reflecting a notable underperformance of -1.72% compared to its sector.
Today, 4,777 put contracts were traded with a turnover of approximately Rs 1,458.47 lakhs, indicating significant activity in this option type, which has a strike price set at Rs 2,500 and an expiry date of November 25, 2025. The open interest stands at 9,158 contracts, suggesting a robust interest in these puts.

The stock has been on a downward trend, having lost -4% over the last four days, with a one-day return of -1.32%. While the stock is trading above its 200-day moving average, it remains below the 5-day, 20-day, 50-day, and 100-day moving averages. Additionally, investor participation has seen a decline, with delivery volume dropping by -11.9% against the five-day average.

In terms of liquidity, the stock remains accessible for trades, with a liquidity level sufficient for a trade size of Rs 4.78 crore. Overall, the activity in Adani Enterprises' put options reflects current market dynamics and investor behavior without indicating future trends.