Surge in Put Options for Asian Paints: 4,045 Contracts at Rs 2400 Strike

Asian Paints Ltd. has emerged as one of the most active stocks in the market today, particularly in the options segment, with a notable focus on put options. The company, a key player in the paints industry, has seen significant trading activity in its put options, specifically with a strike price of Rs 2400 and an expiry date set for August 28, 2025. A total of 4,045 contracts were traded, contributing to a turnover of approximately Rs 285.88 lakhs, while the open interest stands at 2,132 contracts.
In terms of performance, Asian Paints has outperformed its sector by 0.44%, with the stock reaching an intraday high of Rs 2,472, reflecting a 3.17% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 70.48% compared to the 5-day average, totaling 8.02 lakhs.

The liquidity of Asian Paints remains robust, with a trading capacity sufficient for a trade size of Rs 5.64 crores, based on 2% of the 5-day average traded value. The stock has recorded a one-day return of 2.17%, while the sector and Sensex have returned 1.67% and -0.38%, respectively. Overall, Asian Paints continues to demonstrate strong market activity and performance metrics, reflecting its solid position within the large-cap segment of the paints industry.