HDFC Bank Ltd. Sees 7,744 Active Put Options Amid Ongoing Market Interest

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 960.95, with a notable expiry date for the options set for September 30, 2025. The put options have seen significant trading activity, with 7,744 contracts exchanged, resulting in a turnover of Rs 1,077.58 lakhs. Open interest stands at 3,120 contracts, indicating ongoing interest in these options.
In terms of price performance, HDFC Bank's stock has shown a slight decline of 0.16% today, which contrasts with the sector's marginal drop of 0.02%. The stock has recently experienced a trend reversal, falling after two consecutive days of gains. It has traded within a narrow range of Rs 8.6, and while it remains above the 5-day and 200-day moving averages, it is below the 20-day, 50-day, and 100-day moving averages.

Investor participation appears to be waning, with delivery volume decreasing by 18.98% compared to the 5-day average. However, liquidity remains robust, supporting a trade size of Rs 32.51 crores, based on 2% of the 5-day average traded value. Overall, HDFC Bank continues to be a focal point in the market, reflecting the dynamics of the private sector banking industry.