Colgate-Palmolive Sees 5,025 Contracts in Rs 2200 Strike Price Put Options Activity

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, COLPAL, is currently priced at Rs 2217.2, which places it just 3.08% away from its 52-week low of Rs 2151. The company, operating within the FMCG sector and holding a mid-cap market capitalization of Rs 62,252 crore, has seen significant activity in its put options with a total of 5,025 contracts traded, resulting in a turnover of approximately Rs 231.89 lakhs.
The put option has a strike price of Rs 2200 and is set to expire on October 28, 2025. Open interest for this option stands at 1,459 contracts, indicating a notable level of engagement among traders. Despite this activity, the stock has underperformed its sector by 1.3% today, reflecting a one-day return of -3.05%.

Colgate-Palmolive has also experienced a trend reversal, falling after two consecutive days of gains, with an intraday low of Rs 2200, marking a decline of 3.8%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. However, there has been a rise in investor participation, with delivery volume increasing by 27.53% compared to the 5-day average.

In summary, Colgate-Palmolive (India) Ltd's put options activity highlights a significant moment in the stock's trading landscape, characterized by notable trading volumes and a current bearish trend.