Bharat Electronics Ltd Sees 2,404 Put Contracts Trade at Rs 400 Strike Price

Bharat Electronics Ltd (BEL), a prominent player in the Aerospace & Defense sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s put options, set to expire on September 30, 2025, have seen significant activity, with 2,404 contracts traded at a strike price of Rs 400. This has resulted in a turnover of approximately Rs 263.09 lakhs and an open interest of 1,497 contracts, indicating a robust interest in this option type.
Today, BEL's underlying value stands at Rs 402.2, reflecting a 1.77% return for the day, slightly outperforming the sector's return of 1.69%. The stock has shown a trend reversal, gaining after five consecutive days of decline. Notably, while the stock's performance is currently inline with the sector, it is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below its 5-day moving average.

Investor participation has seen a decline, with delivery volume dropping by 36.4% compared to the five-day average. However, liquidity remains adequate, supporting trades of up to Rs 10.94 crore based on 2% of the five-day average traded value. Overall, Bharat Electronics continues to attract attention in the market, reflecting its significant position within the Aerospace & Defense industry.