Hindustan Aeronautics Ltd Sees Surge in Active Put Options with 11,689 Contracts at Rs 4800 Strike

Hindustan Aeronautics Ltd (HAL), a prominent player in the Aerospace and Defense sector, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s stock, currently valued at Rs 4865.0, has seen significant trading activity with two notable put options set to expire on May 29, 2025.
The put option with a strike price of Rs 4700 recorded 11,327 contracts traded, generating a turnover of approximately Rs 1507.06 lakhs, while the Rs 4800 strike price option saw 11,689 contracts traded, resulting in a turnover of around Rs 2257.79 lakhs. Open interest for these options stands at 2029 and 1979 contracts, respectively, indicating a robust interest in these positions.

Today, HAL's stock performance has been inline with the sector, which has gained 2.47%. The stock has experienced a consecutive gain over the last four days, accumulating a total return of 12.06%. It reached an intraday high of Rs 4975, reflecting a 2.27% increase. Furthermore, HAL is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showcasing a strong upward trend.

With a market capitalization of Rs 3,35,477.60 crore, HAL continues to demonstrate liquidity, with a delivery volume of 18.32 lakhs on May 15, marking a 20.08% increase against the 5-day average. Overall, the activity in HAL's put options highlights the stock's dynamic presence in the market today.