Bharti Airtel has emerged as one of the most active stock puts today amid rising investor interest.

Bharti Airtel Ltd, a prominent player in the telecommunication service provider industry, has emerged as one of the most active stocks in the options market today. The company’s underlying stock, BHARTIARTL, is currently valued at Rs 1717.8, just 3.12% shy of its 52-week high of Rs 1779.
Today, significant activity was noted in put options with two key strike prices. The put option with a strike price of Rs 1680 saw 16,693 contracts traded, generating a turnover of approximately Rs 338.32 lakhs, while the Rs 1700 strike price option recorded 23,044 contracts traded, resulting in a turnover of around Rs 1030.87 lakhs. Open interest for these options stands at 3,324 and 3,406 contracts, respectively.

Bharti Airtel has been on a positive trajectory, gaining 6.02% over the last three days, with a one-day return of 1.30%, slightly below the sector's return of 1.39%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend. Additionally, rising investor participation is evident, with a delivery volume of 86.83 lakhs on March 20, reflecting a 67.51% increase compared to the 5-day average.

In summary, Bharti Airtel's notable activity in the options market, coupled with its strong performance metrics, underscores its current market position without delving into future implications.