Adani Ports Sees Surge in Active Put Options with 6,613 Contracts at Rs 1,360 Strike

Adani Ports & Special Economic Zone Ltd, a prominent player in the Transport Infrastructure sector, has emerged as one of the most active stocks in the market today, particularly in the options segment. The company’s underlying stock, ADANIPORTS, has seen significant activity in put options, with 6,613 contracts traded at a strike price of Rs 1,360, resulting in a turnover of Rs 592.18 lakhs. The open interest stands at 2,168 contracts, indicating ongoing interest in this option type.
Despite outperforming its sector by 0.33% today, Adani Ports has faced challenges, experiencing a consecutive decline over the past seven days, with a total return of -8.35%. The stock reached an intraday low of Rs 1,343, reflecting a decrease of 2.16%. In terms of moving averages, the stock is currently above the 50-day, 100-day, and 200-day averages but below the 5-day and 20-day averages, suggesting mixed momentum.

Investor participation has also seen a decline, with delivery volume dropping by 27.29% compared to the five-day average. However, the stock remains liquid enough for trades sized at Rs 7.03 crore, based on 2% of the five-day average traded value. Overall, while Adani Ports is navigating a challenging period, its active options market reflects ongoing engagement from traders.