Surge in Adani Ports’ Put Options: 11,340 Contracts at 1400 Strike Ignite Trading Buzz

Adani Ports & Special Economic Zone Ltd has emerged as one of the most active stocks in the market today, particularly in the options segment. The company, operating within the transport infrastructure industry, has seen significant activity in its put options, with notable trading volumes and turnover.
Two key put options have drawn attention: the 1380 strike price, which recorded 8,033 contracts traded and a turnover of Rs 96.13 lakhs, and the 1400 strike price, with 11,340 contracts traded and a turnover of Rs 439.33 lakhs. The open interest for these options stands at 1,204 and 2,298, respectively, indicating a robust interest among traders. The underlying value of Adani Ports is currently at Rs 1,401.90.

In terms of performance, the stock has outperformed its sector by 0.38% today, marking a consecutive gain over the last three days with a total return of 5.53%. The stock opened with a gap up of 2.97% and reached an intraday high of Rs 1,418.70, reflecting a 4.72% increase. Additionally, the stock's liquidity remains strong, with a delivery volume of 24.11 lakhs, which is 67.94% higher than the five-day average.

Overall, Adani Ports continues to show dynamic activity in both its stock and options, reflecting the ongoing interest in its market performance.