Hindustan Aeronautics Ltd Sees Surge in Put Options Activity with 24,225 Contracts at 4500 Strike

Hindustan Aeronautics Ltd (HAL), a prominent player in the defence sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s put options, set to expire on May 29, 2025, have seen significant trading activity across various strike prices.
The put option with a strike price of 4700 led the activity with 23,921 contracts traded, generating a turnover of approximately Rs 4,972.34 lakhs. Following closely, the 4500 strike price put saw 24,225 contracts traded, with a turnover of Rs 2,570.51 lakhs. Other notable strike prices include 4400 and 4600, with 12,623 and 19,834 contracts traded, respectively.

As of today, HAL's underlying value stands at Rs 4,779.50. The stock has outperformed its sector by 1.16% and has been on a positive trajectory, gaining 8.18% over the last three days. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also increased, with a delivery volume of 24.14 lakhs on May 14, marking a 94.13% rise compared to the 5-day average. The liquidity remains robust, supporting a trade size of Rs 25.78 crore.

In summary, Hindustan Aeronautics Ltd is witnessing heightened activity in its put options, reflecting significant market engagement amid a backdrop of positive stock performance and increasing investor participation.