HDFC Bank's Rs 950 Puts See 2,960 Contracts Traded, Open Interest at 3,321

HDFC Bank Ltd., a prominent player in the Private Sector Banking industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The bank's underlying stock, HDFCBANK, is currently valued at Rs 960.05. Notably, a total of 2,960 put contracts were traded with a turnover of Rs 473.42 lakhs, indicating significant activity among investors. The put options have a strike price of Rs 950 and are set to expire on October 28, 2025, with an open interest of 3,321 contracts.
In terms of performance, HDFC Bank has shown resilience, gaining 2.04% over the last three days, with a one-day return of 1.53%. The stock's performance today aligns with sector trends, which saw a 1.72% return. HDFC Bank's price is currently above its 5-day, 20-day, and 200-day moving averages, although it remains below the 50-day and 100-day averages. Additionally, rising investor participation is evident, with a delivery volume of 1.66 crore shares on September 30, reflecting an 8.84% increase compared to the 5-day average.

Overall, HDFC Bank's activity in the options market, coupled with its recent performance metrics, underscores its position as a significant player in the financial landscape.