HDFC Bank Sees Surge in Active Put Options with 8,381 Contracts Traded

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 1989.5, just 0.79% shy of its 52-week high of Rs 2037.7. The bank's put options, set to expire on August 28, 2025, have seen significant activity, with 8,381 contracts traded, resulting in a turnover of approximately Rs 818.66 lakhs. Open interest stands at 2,649 contracts, indicating a robust interest in these options.
In terms of performance, HDFC Bank has been gaining traction, recording a 2.63% increase over the past three days. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend. Today's performance aligns closely with the sector, with a one-day return of 1.35%, compared to the sector's 1.48% and the Sensex's matching return.

Investor participation has also risen, with a delivery volume of 55.16 lakhs on August 14, marking a 30.14% increase against the 5-day average. The liquidity remains favorable, supporting a trade size of Rs 28.26 crores based on 2% of the 5-day average traded value. Overall, HDFC Bank's current activity in the options market highlights its strong market position and investor engagement.