Surge in Bosch Ltd. Put Options: 8,667 Contracts at Rs. 39,000 Strike Price

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. 39,890.
Notably, the put options with a strike price of Rs. 39,000 saw the highest activity, with 8,667 contracts traded, resulting in a turnover of Rs. 483.38 lakhs. This was followed by the Rs. 38,000 strike price, which recorded 6,456 contracts and a turnover of Rs. 122.18 lakhs. The Rs. 37,000 strike price also attracted significant interest, with 5,219 contracts traded and a turnover of Rs. 42.39 lakhs.

The options are set to expire on July 31, 2025, and the open interest for these puts indicates ongoing market engagement, with 1,000 contracts for the Rs. 37,000 strike, 740 for the Rs. 38,000 strike, and 664 for the Rs. 39,000 strike.

In terms of performance, Bosch Ltd. reached a new 52-week high of Rs. 40,250 today, although it experienced a slight decline of 0.15% in its one-day return. The stock has been trading above its moving averages, indicating a positive trend, while liquidity remains robust, supporting a trade size of Rs. 2.97 crore. Overall, Bosch Ltd. continues to demonstrate significant activity in the options market, reflecting its strong market position within the industry.