Surge in Asian Paints Ltd. Put Options: 2,359 Contracts at Rs 2,500 Strike Price

Asian Paints Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, a prominent player in the paints industry, has seen significant trading activity with 2,359 contracts traded for puts with a strike price of Rs 2,500, reflecting a turnover of approximately Rs 293.81 lakhs. The underlying value of the stock stands at Rs 2,507.20, indicating a close proximity to the strike price.
As of today, Asian Paints has outperformed its sector by 0.28%, continuing a positive trend with a 1.03% increase over the past two days. The stock's performance is currently above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is slightly below the 5-day moving average. Notably, investor participation has seen a decline, with delivery volume dropping by 47.82% compared to the 5-day average.

With an open interest of 1,263 contracts, the liquidity remains robust, supporting a trade size of Rs 11.76 crore. The stock's one-day return is recorded at 0.72%, while the sector and Sensex returns stand at 0.58% and 0.18%, respectively. Overall, Asian Paints continues to demonstrate notable activity in the market, reflecting its strong position within the large-cap segment.