Colgate-Palmolive (India) Ltd Sees 2,740 Active Put Options at Rs 2,300 Strike Price

Colgate-Palmolive (India) Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, trading under the ticker COLPAL, has seen significant activity with 2,740 contracts traded, resulting in a turnover of approximately Rs 273.66 lakhs. The put options have a strike price of Rs 2,300 and are set to expire on September 30, 2025, with an open interest of 872 contracts.
In terms of price performance, Colgate-Palmolive has outperformed its sector by 2.35%, reaching an intraday high of Rs 2,357.90, reflecting a gain of 4.21% for the day. The stock's current value stands at Rs 2,314.20. While the stock is trading above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages, indicating mixed momentum in the longer term.

Investor participation has shown a decline, with delivery volume dropping by 9.09% compared to the 5-day average. However, the stock maintains sufficient liquidity for trades, with a size of Rs 3.75 crore based on 2% of the 5-day average traded value. The one-day return for Colgate-Palmolive is recorded at 2.40%, contrasting with a sector return of -0.02% and a Sensex return of 0.18%.

In summary, Colgate-Palmolive (India) Ltd is experiencing notable activity in its put options, reflecting a complex interplay of market dynamics and investor behavior.