Asian Paints Ltd. Sees Surge in Active Put Options with 11,758 Contracts Traded

Asian Paints Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, ASIANPAINT, is currently valued at Rs 2,339.3, with a notable expiry date for these puts set for May 29, 2025. The trading activity has seen 11,758 contracts exchanged, resulting in a turnover of approximately Rs 630.70 lakhs. Open interest stands at 4,550 contracts, indicating a significant level of engagement from market participants.
In terms of performance, Asian Paints has underperformed its sector by 0.75% today, with a one-day return of -0.92%. The stock's moving averages reveal a mixed picture; while it is above the 50-day and 100-day moving averages, it falls short of the 5-day, 20-day, and 200-day averages. Additionally, investor participation has seen a decline, with delivery volume dropping by 28.63% compared to the five-day average.

Despite these fluctuations, the stock maintains sufficient liquidity, accommodating trades of Rs 0.27 crore based on 2% of the five-day average traded value. Overall, the activity surrounding Asian Paints' put options reflects a dynamic trading environment, underscoring the stock's current market position.