Surge in Bharti Airtel's Active Put Options: 13,647 Contracts at Rs 1860 Strike

Bharti Airtel Ltd, a prominent player in the Telecom Services industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s underlying stock, BHARTIARTL, is currently valued at Rs 1859.5. Notably, the put options with expiry on August 28, 2025, have seen significant trading activity.
The put option with a strike price of Rs 1860 recorded the highest volume, with 13,647 contracts traded and a turnover of Rs 1,518.16 lakhs. Following closely, the put option at a strike price of Rs 1880 saw 10,061 contracts traded, generating a turnover of Rs 1,536.92 lakhs. Additionally, the put option with a strike price of Rs 1800 had 9,893 contracts traded, contributing Rs 331.76 lakhs to the turnover.

Today's performance indicates a slight recovery for Bharti Airtel, gaining 0.14% after three consecutive days of decline. The stock has traded within a narrow range of Rs 15.6 and is currently above its 100-day and 200-day moving averages, although it remains below the shorter-term moving averages. The rising investor participation is evident, with a delivery volume of 7.56 crore shares on August 8, reflecting a 2316.02% increase compared to the five-day average.

In summary, Bharti Airtel's active put options trading highlights the stock's current market dynamics, characterized by notable liquidity and a recent trend reversal.