Adani Green Energy Sees 2,553 Contracts in Active Rs 1,100 Strike Puts

Adani Green Energy Ltd, a prominent player in the power industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, ADANIGREEN, has seen significant activity with 2,553 contracts traded, reflecting a turnover of approximately Rs 300.69 lakhs. The put options have a strike price of Rs 1,100 and are set to expire on September 30, 2025. Open interest stands at 1,993 contracts, indicating a robust interest in this option type.
In terms of performance, Adani Green Energy has underperformed its sector by 0.42%, with a one-day return of 0.51%. The stock has maintained a position above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a stable trend despite recent fluctuations. However, investor participation appears to be declining, with a delivery volume of 17.14 lakhs on September 24, down 39.23% compared to the 5-day average.

With a market capitalization of Rs 1,77,577 crore, Adani Green Energy continues to be a significant entity in the large-cap space, navigating through current market dynamics while maintaining liquidity sufficient for trades around Rs 38.61 crore. Overall, the activity in the put options market reflects ongoing interest in the stock amid its current performance metrics.