Asian Paints Ltd. Sees Surge in Active Put Options with 35,006 Contracts at Rs 2,300

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 with a market capitalization of Rs 2,21,469.18 crore, has seen significant trading activity in its put options expiring on May 29, 2025.
Notably, the put option with a strike price of Rs 2,300 recorded 35,006 contracts traded, generating a turnover of approximately Rs 4,482.87 lakh, while the put option with a strike price of Rs 2,200 saw 14,307 contracts traded, contributing Rs 853.34 lakh to the turnover. The open interest for these options stands at 4,503 and 2,940 contracts, respectively, indicating a robust interest among traders.

In terms of stock performance, Asian Paints has outperformed its sector by 0.71% today, marking a trend reversal after three consecutive days of decline. The stock opened with a loss of 2.43% and reached an intraday low of Rs 2,245, but has since shown resilience with a one-day return of 0.27%. The stock's liquidity remains favorable, with a delivery volume of 6.76 lakh shares, although this reflects a decline of 5.64% compared to the five-day average.

Overall, Asian Paints continues to navigate a complex market environment, with its options activity reflecting the ongoing dynamics within the industry.