Eternal Ltd Sees Surge in Active Put Options with 7,900 Contracts at Rs 250 Strike

Eternal Ltd, a prominent player in the E-Retail and E-Commerce sector, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s underlying stock, ETERNAL, is currently valued at Rs 257.91. Notably, the put options set to expire on June 26, 2025, have seen significant trading activity across various strike prices.
The most notable put option was at a strike price of Rs 250, with 7,900 contracts traded and a turnover of Rs 1,063.87 lakhs. Following closely, the strike price of Rs 240 recorded 6,615 contracts traded and a turnover of Rs 466.48 lakhs. Other strike prices, including Rs 255, Rs 245, and Rs 230, also saw considerable activity, with respective turnovers of Rs 706.93 lakhs, Rs 389.83 lakhs, and Rs 117.75 lakhs.

Eternal Ltd has outperformed its sector by 4.26% today, with the stock gaining 8.03% over the last two days. It reached an intraday high of Rs 257.75, reflecting a 4.91% increase. Despite a decline in delivery volume by 57.21% compared to the five-day average, the stock remains liquid, with a trading capacity of Rs 73.05 crores based on 2% of the five-day average traded value.

In summary, the notable activity in put options for Eternal Ltd highlights the stock's current market dynamics, characterized by strong performance metrics and significant trading volumes.