Surge in Active Put Options for Adani Ports with 6,065 Contracts at Rs 1,400 Strike

Adani Ports & Special Economic Zone Ltd, a prominent player in the transport infrastructure sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, ADANIPORTS, has seen significant activity in put options, with 6,065 contracts traded, reflecting a turnover of approximately Rs 601.97 lakhs. The put options have a strike price of Rs 1,400 and are set to expire on June 26, 2025, with an open interest of 2,456 contracts.
Today, the stock opened with a loss of 2.82%, continuing a downward trend that has seen it decline by 4.1% over the past three days. The intraday low reached Rs 1,403.4, marking a decrease of 2.93%. Despite this, the stock remains above its 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day and 20-day moving averages.

Investor participation has shown some resilience, with a delivery volume of 9.65 lakhs on June 12, up 3.21% compared to the 5-day average. The liquidity remains robust, accommodating trade sizes of Rs 5.75 crore, indicating a healthy trading environment.

In summary, Adani Ports is navigating a challenging market landscape, with notable activity in its put options reflecting current investor sentiment and market dynamics.