Eternal Ltd Sees 7,985 Put Contracts Trade at Rs. 350 Strike Price

Eternal Ltd, a prominent player in the E-Retail and E-Commerce sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, ETERNAL, has seen significant activity in put options, with 7,985 contracts traded at a strike price of Rs. 350. This activity has generated a turnover of approximately Rs. 1,601.37 lakhs, while the open interest stands at 2,333 contracts, indicating a robust interest in this option type.
Today, Eternal reached a new 52-week high of Rs. 360.85, reflecting a performance that aligns with sector trends. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trajectory. Additionally, there has been a notable increase in investor participation, with a delivery volume of 1.93 crore shares on October 15, marking a 71.54% rise compared to the 5-day average.

With a market capitalization of Rs. 3,46,919.00 crore, Eternal Ltd continues to demonstrate liquidity, supporting trade sizes of Rs. 16.31 crore based on 2% of the 5-day average traded value. The stock's one-day return stands at 0.38%, outperforming the sector's return of 0.10% and the Sensex's return of 0.81%. Overall, the activity surrounding Eternal Ltd's stock and options reflects a dynamic market presence.