Angel One Ltd Sees Surge in Put Option Activity with 7,763 Contracts Traded

Angel One Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, ANGELONE, has seen significant activity with 7,763 contracts traded, reflecting a turnover of Rs 940.88 lakhs. The put options have a strike price of Rs 2,600 and are set to expire on August 28, 2025. Currently, the underlying value of ANGELONE stands at Rs 2,595.20, with an open interest of 1,007 contracts.
In terms of price performance, Angel One has underperformed its sector by 5.74%, marking a notable trend reversal after five consecutive days of gains. The stock reached an intraday low of Rs 2,538.40, representing a decline of 6.7%. Additionally, the weighted average price indicates that more volume was traded closer to this low price point.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. However, there has been a rise in investor participation, with delivery volume increasing by 26.43% against the 5-day average. The liquidity remains adequate for trading, with a size of Rs 3.88 crore based on 2% of the 5-day average traded value.

In summary, Angel One Ltd's put options activity highlights a significant shift in market dynamics, with key performance indicators reflecting a challenging day for the stock amidst broader market movements.