Axis Bank's October 2025 Put Options Surge with 3,396 Contracts at Rs 1,200 Strike

Axis Bank Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying asset, AXISBANK, has seen significant trading activity with 3,396 contracts traded, resulting in a turnover of approximately Rs 546.12 lakhs. The put option, set to expire on October 28, 2025, has a strike price of Rs 1,200, while the underlying stock is currently valued at Rs 1,192.
Despite the notable activity in the options market, Axis Bank's stock has underperformed its sector by 2.48% today, marking a one-day return of -1.75%. The stock is currently trading close to its 52-week high, just 4.71% away from Rs 1,247. After three consecutive days of gains, the stock has experienced a trend reversal. However, it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive long-term trend.

Investor participation has risen, with a delivery volume of 1.51 crore shares on October 6, reflecting a 150.31% increase compared to the 5-day average. The liquidity of the stock is also favorable, with a trade size of Rs 27.98 crore based on 2% of the 5-day average traded value. Overall, Axis Bank continues to be a focal point in the market, driven by its active options trading and solid market capitalization of Rs 3,72,268 crore in the private sector banking industry.