HDFC Bank has emerged as one of the most active stock puts today amid strong options trading.

HDFC Bank Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The bank's underlying stock, HDFCBANK, is currently valued at Rs 1769.9, just 4.87% away from its 52-week high of Rs 1880.
Notably, the put options with an expiry date of April 24, 2025, have seen significant trading activity. The put option with a strike price of Rs 1800 recorded the highest volume, with 10,235 contracts traded and a turnover of Rs 2022.03 lakhs, alongside an open interest of 3,236 contracts. Similarly, the Rs 1780 strike price put option saw 7,122 contracts traded, generating a turnover of Rs 1149.28 lakhs, while the Rs 1760 strike price option had 7,514 contracts traded with a turnover of Rs 943.91 lakhs.

In terms of performance, HDFC Bank has outperformed its sector by 0.49%, with a one-day return of 1.39%, compared to the sector's 0.91% and the Sensex's 0.49%. The stock remains liquid, with a trading capacity sufficient for a trade size of Rs 60.48 crore, despite a slight decline in delivery volume by 9.86% against the five-day average.

Overall, HDFC Bank's strong performance metrics and active options trading reflect its robust market position within the private banking sector.