Divis Laboratories Sees Surge in Active Put Options with 5,655 Contracts Traded

Divis Laboratories Ltd, a prominent player in the Pharmaceuticals & Biotechnology sector, has emerged as one of the most active stocks in the options market today, particularly in put options. The underlying stock, DIVISLAB, has seen significant activity with 5,655 contracts traded, resulting in a turnover of approximately Rs 377.36 lakhs. The put options have a strike price of Rs 6,100 and are set to expire on August 28, 2025, with an open interest of 1,069 contracts.
In terms of performance, Divis Laboratories has outperformed its sector by 1.69%, marking a consecutive gain over the last two days with a total return of 2.3% during this period. The stock reached an intraday high of Rs 6,188, reflecting a 2.65% increase. While the stock is currently trading above its 5-day and 200-day moving averages, it remains below the 20-day, 50-day, and 100-day moving averages.

Despite a notable decline in investor participation, with delivery volume dropping by 51.33% compared to the 5-day average, the stock maintains sufficient liquidity for trades around Rs 4.46 crore, indicating a robust trading environment. The one-day return for Divis Laboratories stands at 1.93%, contrasting with a sector return of 0.19% and a Sensex return of -0.64%. Overall, the activity in put options reflects a dynamic trading landscape for Divis Laboratories as it navigates current market conditions.