Bharti Airtel Sees 17,972 Contracts for 2060 Strike Price Put Options Traded

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 2083.0, having reached a new 52-week and all-time high of Rs 2102.6 earlier today.
Notably, the put options with a strike price of Rs 2060 saw the highest activity, with 17,972 contracts traded and a turnover of Rs 520.74 lakhs. This was closely followed by the Rs 2040 strike price puts, which recorded 14,293 contracts traded and a turnover of Rs 186.02 lakhs. The Rs 2080 strike price puts also demonstrated significant activity, with 10,937 contracts traded and a turnover of Rs 677.96 lakhs.

The open interest for these options indicates a robust market engagement, with 1,102 contracts for the Rs 2060 puts, 1,383 for the Rs 2040 puts, and 657 for the Rs 2080 puts. Bharti Airtel has been on a positive trajectory, gaining 4.08% over the last three days, and is currently trading above its moving averages across various time frames. The stock's liquidity remains strong, with a delivery volume of 45.29 lakhs, reflecting a 35.41% increase compared to the five-day average.

In summary, Bharti Airtel's active put options trading highlights significant market engagement, underscoring the stock's current performance and investor interest within the telecom sector.