HCL Technologies Sees Surge in Active Put Options with 5,493 Contracts Traded

HCL Technologies Ltd, a prominent player in the Computers - Software & Consulting 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, HCLTECH, is currently valued at Rs 1429.6. Notably, a total of 5,493 put contracts were traded with a turnover of Rs 445.45 lakhs, indicating significant activity among investors. The put options have a strike price of Rs 1400 and are set to expire on September 30, 2025, with an open interest of 1,257 contracts.
In terms of performance, HCL Technologies has experienced a decline of 2.74% over the past two days, with the stock hitting an intraday low of Rs 1402.8, reflecting a drop of 2.81%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, investor participation has decreased, with a delivery volume of 15.07 lakhs on September 4, down 11% from the 5-day average.

Despite these challenges, HCL Technologies maintains a high dividend yield of 4.16%, and its liquidity remains robust, accommodating trades of up to Rs 6.71 crore based on 2% of the 5-day average traded value. Overall, the activity in HCL Technologies' put options reflects a notable trend in the current market landscape.