Adani Ports Sees Surge in Active Put Options with 3,913 Contracts at Rs 1,460 Strike

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, which operates in the Transport Infrastructure industry, has seen significant activity in its put options, with 3,913 contracts traded at a strike price of Rs 1,460. The turnover for these options reached approximately Rs 472.85 lakhs, while the open interest stands at 935 contracts, indicating a robust trading environment.
The underlying stock, ADANIPORTS, is currently valued at Rs 1,459.5, reflecting a performance that has outpaced its sector by 0.28%. Over the past three days, the stock has shown a positive trend, gaining 1.97% during this period. Today, it reached an intraday high of Rs 1,474, marking a 2% increase.

Adani Ports is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum. However, it is noteworthy that investor participation has declined, with delivery volume dropping by 26.09% compared to the 5-day average. Despite this, the stock remains liquid, with a trading capacity of Rs 2.65 crore based on 2% of the 5-day average traded value.

In summary, Adani Ports continues to demonstrate notable activity in the market, characterized by significant put option trading and a solid performance relative to its sector, while also facing a decline in investor participation.