Avenue Supermarts Ltd Sees Surge in Active Put Options with 7,106 Contracts at ₹4,000 Strike

Avenue Supermarts Ltd, operating in the diversified retail sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, DMART, has seen significant activity in put options with various strike prices ahead of the expiry date on July 31, 2025.
Notably, the put option with a strike price of 4000 recorded the highest trading volume, with 7,106 contracts traded and a turnover of approximately Rs 1,350.50 lakhs. This was followed closely by the 3900 strike price put, which saw 5,854 contracts traded and a turnover of Rs 713.54 lakhs. Other active strike prices included 3700, 3800, and 3950, with respective contract volumes of 3,041, 3,728, and 3,613.

The underlying value of DMART stands at Rs 3,955.50, while the stock has experienced a decline of 11.36% over the past nine days, with a one-day return of -2.75%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, there has been a notable increase in delivery volume, rising by 173.54% against the 5-day average, suggesting heightened investor participation.

In summary, Avenue Supermarts Ltd is witnessing significant put option activity, reflecting current market dynamics and investor behavior in a challenging trading environment.