Dabur India Ltd. Sees Surge in Active Put Options with 5,198 Contracts Traded

Dabur India Ltd., a prominent player in the FMCG sector, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s underlying stock, DABUR, is currently valued at Rs 468.8, reflecting a notable decline of 2.56% in one-day returns, underperforming its sector, which saw a decrease of 0.55%.
Today, the stock opened with a gap down of 2.52%, reaching an intraday low of Rs 461.1, marking a drop of 4.36%. The trading activity has been significant, with 5,198 put contracts traded at a turnover of approximately Rs 605.43 lakhs. The open interest stands at 688 contracts, indicating ongoing interest in these options.

Dabur India is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, the delivery volume has decreased by 27.14% compared to the 5-day average, reflecting falling investor participation. Despite these challenges, the stock maintains sufficient liquidity for trades sized at Rs 0.45 crore, based on 2% of the 5-day average traded value.

In summary, while Dabur India Ltd. faces downward pressure in the market, its active options trading highlights ongoing interest in the stock amidst current performance metrics.