Surge in Bosch Ltd. Put Options: 3,831 Contracts at Rs 38,000 Strike Traded

Bosch Ltd., a prominent player in the Auto Components & Equipment industry, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s underlying stock, BOSCHLTD, is currently valued at Rs 38,695.
Notably, the put options with expiry on August 28, 2025, have seen significant trading activity. The strike price of Rs 36,000 recorded 3,124 contracts traded, generating a turnover of Rs 226.77 lakhs, while the Rs 37,000 strike price saw 3,277 contracts traded with a turnover of Rs 366.34 lakhs. The most active was the Rs 38,000 strike price, which had 3,831 contracts traded and a turnover of Rs 708.48 lakhs. Open interest for these puts stands at 569, 623, and 755 respectively.

In terms of performance, Bosch Ltd. has underperformed the sector by 2.97%, with a one-day return of -4.85%. The stock has been on a downward trend, losing 6.18% over the last two days. It reached an intraday low of Rs 38,550, reflecting a decline of 5.04%. Despite these challenges, the stock remains liquid enough for trades of Rs 7.35 crore, although investor participation has decreased, with delivery volume falling by 23.67% against the five-day average.

In summary, Bosch Ltd. is experiencing notable activity in its put options, reflecting current market dynamics and investor behavior amidst a challenging performance landscape.