Eicher Motors Sees 3,448 Active Put Contracts at Rs 5,400 Strike Price

Eicher Motors Ltd, a prominent player in the Automobile Two & Three Wheelers industry, 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, EICHERMOT, has seen significant activity with 3,448 contracts traded for puts expiring on May 29, 2025, at a strike price of Rs 5,400. This activity has generated a turnover of approximately Rs 656.96 lakhs, while the open interest stands at 1,019 contracts, indicating a robust engagement in this option type.
In terms of price performance, Eicher Motors has underperformed its sector by 1%, with a current underlying value of Rs 5,469.5. The stock's weighted average price suggests that more volume was traded closer to its low price, reflecting a cautious trading environment. Notably, the stock is currently above its 5-day, 50-day, 100-day, and 200-day moving averages, yet it remains below the 20-day moving average.

Investor participation has shown a decline, with delivery volume dropping by 54.03% compared to the 5-day average. Despite this, the stock maintains sufficient liquidity for trades around Rs 1.7 crore, based on 2% of the 5-day average traded value. Eicher Motors recorded a one-day return of 0.16%, while the sector and Sensex returned 0.92% and 0.38%, respectively. Overall, the activity in Eicher Motors' put options reflects a notable trend in the current market landscape.