Angel One Ltd Sees Surge in Put Options: 8,592 Contracts at Rs 2400 Strike

Angel One Ltd, a prominent player in the capital markets sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, ANGELONE, has seen significant activity in put options with various strike prices set for expiry on July 31, 2025.
Notably, the put option with a strike price of Rs 2700 recorded 7,426 contracts traded, generating a turnover of Rs 27.28 lakhs and an open interest of 1,257 contracts. Similarly, the Rs 2600 strike price option saw 7,451 contracts traded, with a turnover of Rs 20.18 lakhs and an open interest of 686 contracts. The Rs 2400 strike price option was also active, with 8,592 contracts traded and a turnover of Rs 10.21 lakhs, alongside an open interest of 1,032 contracts. The underlying value of ANGELONE stands at Rs 2694.9.

In terms of performance, Angel One has underperformed its sector by 3.25%, with the stock hitting an intraday low of Rs 2607.7, reflecting a decline of 6.68%. The weighted average price indicates that more volume was traded closer to this low price. While the stock remains above its 100-day and 200-day moving averages, it is currently below the 5-day, 20-day, and 50-day moving averages. Investor participation has also seen a decline, with delivery volume dropping by 18.19% compared to the five-day average.

In summary, Angel One Ltd's options activity today highlights notable trading dynamics, with significant put options activity reflecting current market conditions.