Adani Enterprises Sees Surge in Active Put Options with 8,438 Contracts Traded at Rs 2500

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 2475.7, with a notable expiry date for the put options set for June 26, 2025.
Today, 8,438 contracts of the put option with a strike price of Rs 2500 were traded, resulting in a turnover of approximately Rs 2116.50 lakhs. The open interest stands at 3,750 contracts, indicating a significant level of activity and interest among traders.

In terms of performance, Adani Enterprises has been experiencing a downward trend, having lost 2.91% over the last four days, with a one-day return of -0.83%. The stock has traded within a narrow range of Rs 22.2 today. While it is currently above the 50-day and 100-day moving averages, it remains below the 5-day, 20-day, and 200-day moving averages.

Investor participation has seen a decline, with delivery volume dropping by 18.66% compared to the five-day average. However, the stock maintains sufficient liquidity for trades, with a size of Rs 4.26 crore based on 2% of the five-day average traded value.

In summary, Adani Enterprises continues to attract attention in the options market, reflecting ongoing dynamics in its trading activity and market position.