Surge in Active Put Options: 8,473 Contracts at Rs 1,840 Strike for Bharti Airtel

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 stock, trading under the ticker BHARTIARTL, has seen significant activity with 8,473 put contracts traded, resulting in a turnover of approximately Rs 96.83 lakhs. The options have a strike price of Rs 1,840 and are set to expire on May 29, 2025, with an open interest of 3,142 contracts.
Currently, Bharti Airtel's underlying value stands at Rs 1,857.90, positioning it just 2.94% away from its 52-week high of Rs 1,917. The stock's performance today aligns closely with sector trends, reflecting a 0.85% one-day return, while the sector itself has returned 1.01%. Notably, Bharti Airtel 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 36.31% compared to the 5-day average. Despite this, the stock remains liquid, with a trading capacity sufficient for a trade size of Rs 20.22 crores. Overall, Bharti Airtel's current market dynamics highlight its active status in the options market, reflecting ongoing interest in its performance amidst fluctuating investor engagement.