Bharti Airtel Ltd Sees Surge in Active Put Options: 12,920 Contracts at Rs 1800 Strike

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, particularly in put options. The company’s underlying stock, BHARTIARTL, is currently valued at Rs 1832.4, just 4.62% shy of its 52-week high of Rs 1917.
Two notable put options are drawing attention, both set to expire on May 29, 2025. The put option with a strike price of Rs 1840 saw 10,190 contracts traded, generating a turnover of approximately Rs 1,479.99 lakhs, with an open interest of 1,646 contracts. Meanwhile, the put option at a strike price of Rs 1800 recorded 12,920 contracts traded, resulting in a turnover of around Rs 1,017.59 lakhs and an open interest of 2,548 contracts.

Today, Bharti Airtel's stock performance aligns closely with the sector, achieving a 1D return of 0.59%, slightly outperforming the sector's 0.58% return. The stock reached an intraday high of Rs 1870.7, reflecting a 2.75% increase. Additionally, the stock's liquidity remains robust, with a delivery volume of 60.66 lakhs, marking a 62.14% increase compared to the five-day average.

In summary, Bharti Airtel's active put options activity, coupled with its solid stock performance metrics, underscores its significant presence in the telecommunications sector.