Hindustan Aeronautics Ltd Sees Surge in Active Put Options with 12,897 Contracts at Rs 4,400

Hindustan Aeronautics Ltd (HAL), a prominent player in the Aerospace & 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 4,480, has seen significant trading activity in its put options with notable contracts traded at strike prices of Rs 4,400 and Rs 4,500. Specifically, 12,897 contracts were traded for the Rs 4,400 strike, generating a turnover of approximately Rs 443.59 lakhs, while the Rs 4,500 strike saw 12,987 contracts traded with a turnover of around Rs 1,145.84 lakhs.
The open interest for these options stands at 2,814 and 3,013 respectively, indicating a robust interest in these contracts as they approach their expiry date on August 28, 2025.

In terms of performance, HAL has outperformed its sector by 0.4% today, with a one-day return of 0.63%. The stock has traded within a narrow range of Rs 37.4, and while it remains above its 5-day and 200-day moving averages, it is below the 20-day, 50-day, and 100-day moving averages. However, there has been a slight decline in investor participation, with delivery volume decreasing by 0.48% compared to the 5-day average.

Overall, Hindustan Aeronautics Ltd continues to demonstrate significant activity in the options market, reflecting ongoing interest in its stock performance amidst varying market conditions.