Surge in Divis Laboratories Ltd Put Options: 7,268 Contracts at Rs 6000 Strike Active

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 company’s underlying stock, DIVISLAB, is currently valued at Rs 6204.5. Notably, two significant put options are drawing attention: the 28-Aug-2025 expiry put option with a strike price of Rs 6200, which saw 5,328 contracts traded and a turnover of Rs 817.05 lakhs, and another with a strike price of Rs 6000, where 7,268 contracts were traded, resulting in a turnover of Rs 588.85 lakhs.
Despite this activity, Divis Laboratories has underperformed its sector by 1.84%, with the stock experiencing a consecutive decline over the past two days, resulting in a total drop of 4.59%. The stock reached an intraday low of Rs 6160, reflecting a decrease of 3.89%. The weighted average price indicates that more volume was traded closer to this low price. While the stock remains above its 200-day moving average, it is currently below the 5-day, 20-day, 50-day, and 100-day moving averages.

Investor participation has shown a rise, with delivery volume increasing by 24.51% compared to the 5-day average. The liquidity remains robust, accommodating trades of up to Rs 5.47 crore based on 2% of the 5-day average traded value. Overall, the activity in Divis Laboratories' put options highlights a significant moment in the stock's trading landscape, reflecting current market dynamics without indicating future trends.