HDFC Bank's Put Options Surge with 1,671 Contracts at Rs 960 Strike Price

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 971.0, with a notable focus on put options expiring on October 28, 2025. The strike price for these puts is set at Rs 960, and today, 1,671 contracts have been traded, resulting in a turnover of approximately Rs 225.90 lakhs. The open interest stands at 2,173 contracts, indicating a significant level of activity and interest in this option.
In terms of performance, HDFC Bank has underperformed its sector by 0.47% today. The stock's price is currently above its 5-day, 20-day, and 200-day moving averages, but below the 50-day and 100-day moving averages, suggesting mixed momentum. Investor participation has seen a rise, with a delivery volume of 1.83 crore on October 3, reflecting a 3.13% increase compared to the 5-day average. The liquidity remains robust, accommodating trades of up to Rs 50.27 crore based on 2% of the 5-day average traded value.

In summary, HDFC Bank's put options activity highlights a significant engagement in the options market, with key metrics indicating a blend of performance trends and investor participation.