HDFC Bank's 960 Strike Puts Reach 5,208 Contracts with Rs 888.54 Lakhs Turnover

HDFC Bank Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, HDFCBANK, is currently valued at Rs 964.7, with a notable put option set to expire on October 28, 2025, at a strike price of Rs 960. Today, 5,208 contracts were traded, resulting in a turnover of approximately Rs 888.54 lakhs, while the open interest stands at 2,425 contracts.
In terms of performance, HDFC Bank has underperformed its sector by 0.27%, marking a trend reversal after three consecutive days of gains. The stock's moving averages indicate that it is currently above the 5-day, 20-day, and 200-day averages, yet below the 50-day and 100-day averages. Investor participation has seen a rise, with a delivery volume of 1.75 crore on October 1, reflecting a 7.86% increase compared to the 5-day average.

Despite a one-day return of -0.16%, the stock remains liquid, with a trading capacity of Rs 52.37 crore based on 2% of the 5-day average traded value. As a large-cap player in the private sector banking industry, HDFC Bank continues to attract attention in the market.