Surge in Activity: 7,346 Put Options Traded for Cummins India at Rs 3,800 Strike

Cummins India Ltd., a prominent player in the Compressors, Pumps & Diesel Engines 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 August 28, 2025, have seen significant trading activity, with 7,346 contracts exchanged, resulting in a turnover of approximately Rs 1,418.95 lakhs. The strike price for these puts is set at Rs 3,800, while the underlying stock is currently valued at Rs 3,820.6.
Today, Cummins India has outperformed its sector by 0.94%, with a notable 1-day return of 3.96%. The stock opened with a gap up of 2.89% and reached an intraday high of Rs 3,900.1, reflecting a 6.15% increase. Over the past four days, the stock has gained 7.08%, indicating a positive trend. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showcasing strong momentum.

Despite a slight decline in overall market performance, as indicated by the Sensex's 1-day return of -0.79%, Cummins India continues to demonstrate resilience and liquidity, with a delivery volume of 3.03 lakhs on August 7, reflecting a 0.84% increase against the 5-day average. Overall, the activity surrounding Cummins India underscores its robust market position and investor engagement.