Surge in Bharti Airtel Ltd's Active Put Options with 18,631 Contracts at Rs 1,940 Strike

Bharti Airtel Ltd, a prominent player in the Telecom Services industry, has emerged as one of the most active stocks in the market today, particularly in the options segment. The company’s put options, set to expire on June 26, 2025, have seen significant activity, with 18,631 contracts traded at a strike price of Rs 1,940. This activity has generated a turnover of approximately Rs 629.22 lakhs, while the open interest stands at 1,291 contracts, indicating a robust interest in this option type.
The underlying stock, BHARTIARTL, is currently valued at Rs 1,942, just 0.78% shy of its 52-week high of Rs 1,963. Today's performance aligns closely with the sector, reflecting a 0.93% one-day return compared to the sector's 0.72% and the Sensex's 0.57%. Notably, Bharti Airtel has experienced a trend reversal, gaining after two consecutive days of decline.

Despite a narrow trading range of Rs 11.9, the stock remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive short-term trend. However, there has been a decline in investor participation, with delivery volume dropping by 19.74% against the 5-day average. The stock's liquidity remains healthy, accommodating trades of Rs 28.62 crore based on 2% of the 5-day average traded value.

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.