Adani Green Energy Sees 4,292 Put Contracts Traded at Rs 1,100 Strike Price

Adani Green Energy Ltd, a prominent player in the power sector, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s underlying stock, ADANIGREEN, has seen significant activity with 4,292 put contracts traded, resulting in a turnover of approximately Rs 979.09 lakhs. The options have a strike price of Rs 1,100 and are set to expire on November 25, 2025. Open interest stands at 2,283 contracts, indicating ongoing interest in these options.
In terms of price performance, Adani Green Energy has been experiencing a downward trend, having lost 4.25% over the last three days, with a one-day return of -1.47%. The stock is currently valued at Rs 1,089.5, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a relative strength in the longer-term trend despite recent declines.

Investor participation has shown signs of decline, with delivery volume dropping by 45.65% compared to the 5-day average. However, the stock remains liquid, with a trade size capacity of Rs 30.24 crore based on 2% of the 5-day average traded value. Overall, Adani Green Energy's current activity in the options market reflects a complex interplay of market dynamics and investor behavior.