Surge in HCL Technologies Ltd Put Options: 17,604 Contracts at 1540 Strike Price Traded

HCL Technologies Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, operating in the Computers - Software & Consulting industry, has seen significant trading activity in its put options with various strike prices set for expiry on July 31, 2025.
The put option with a strike price of 1580 recorded the highest trading volume, with 16,307 contracts traded and a turnover of approximately Rs 2,194.51 lakhs. Following closely, the 1540 strike price put option saw 17,604 contracts traded, generating a turnover of Rs 1,280.34 lakhs. Other notable strike prices include 1500, 1520, and 1480, with respective contract volumes of 16,011, 8,974, and 6,816, contributing to a robust overall turnover.

Despite the notable activity in the options market, HCL Technologies is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. The stock's one-day return stands at -0.03%, while the sector's return is slightly positive at 0.24%. The company maintains a high dividend yield of 3.83% and has shown rising investor participation, with delivery volume increasing significantly.

In summary, HCL Technologies Ltd's put options are experiencing heightened activity, reflecting a dynamic trading environment, while the stock itself is navigating a challenging market position.