HDFC Bank's October 2025 Puts Surge with 4,513 Contracts at Rs 980 Strike

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 986.35, just 3.33% shy of its 52-week high of Rs 1018.85. The bank's performance today has outpaced its sector by 0.55%, reflecting a positive trend as it has gained 2.17% over the last two days.
In the options market, a total of 4,513 put contracts were traded with a turnover of Rs 707.41 lakhs, indicating significant activity. The put option has a strike price of Rs 980 and an open interest of 1,559 contracts, suggesting ongoing interest among traders.

HDFC Bank is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reinforcing its strong market position. However, it is noteworthy that investor participation has seen a decline, with delivery volume dropping by 29.92% compared to the 5-day average. Despite this, the stock remains liquid, with a trading capacity of Rs 51.85 crores based on 2% of the 5-day average traded value.

In summary, HDFC Bank's notable activity in the options market, coupled with its strong performance metrics, highlights its current standing in the financial landscape.