Surge in Adani Ports’ Active Put Options: 4,717 Contracts at Rs 1,300 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, operating within the port industry, has seen significant activity in its put options, with 4,717 contracts traded at a strike price of Rs 1,300, resulting in a turnover of Rs 676.386 lakhs. The underlying stock, ADANIPORTS, is currently valued at Rs 1,328.0, reflecting a one-day return of 4.84%.
Despite underperforming its sector by 0.57% today, Adani Ports has shown resilience, gaining 10.78% over the past five days. The stock reached an intraday high of Rs 1,326, marking a 4.65% increase. It is noteworthy that the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Open interest for the put options stands at 1,180, suggesting a notable level of activity. Additionally, the stock has experienced a significant rise in delivery volume, increasing by 175.47% compared to its 5-day average, which highlights growing liquidity in the market. Overall, Adani Ports continues to demonstrate robust performance metrics within its sector.