Bharat Forge's Rs 1300 Puts Surge with 6,812 Contracts Traded Amid Price Gains

Bharat Forge Ltd., a prominent player in the Auto Components & Equipments industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The stock, trading under the ticker BHARATFORG, has seen significant activity with 6,812 contracts traded, resulting in a turnover of Rs 647.14 lakhs. The put option has a strike price of Rs 1,300 and is set to expire on November 25, 2025, with an open interest of 1,552 contracts.
In terms of performance, Bharat Forge has outperformed its sector by 0.32%, marking a consecutive gain over the last two days with a total return of 2.44%. The stock reached an intraday high of Rs 1,380, reflecting a 3.88% increase. Notably, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

However, there has been a decline in investor participation, with delivery volume dropping by 35.26% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of up to Rs 2 crore, based on 2% of the 5-day average traded value. Overall, Bharat Forge's current activity in the options market highlights its dynamic position within the mid-cap segment, with a market capitalization of Rs 63,022 crore.