Surge in Hindustan Aeronautics Ltd Put Options: 2,777 Contracts Drive Rs 594.04 Lakhs Turnover

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 put options, set to expire on June 26, 2025, with a strike price of Rs 5000, saw significant trading activity, with 2,777 contracts exchanged, resulting in a turnover of Rs 594.04 lakhs. The open interest for these puts stands at 4,893 contracts, indicating a robust interest among traders.
Today, HAL's stock has outperformed its sector by 1.4%, reversing a two-day decline. The underlying value of HAL is currently at Rs 5021.2, and the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a positive trend. Additionally, there has been a notable increase in investor participation, with a delivery volume of 721,000 shares on June 4, marking a 19.64% rise compared to the 5-day average.

With a market capitalization of Rs 3,36,126.32 crore, Hindustan Aeronautics continues to demonstrate liquidity, suitable for trades around Rs 16.22 crore based on 2% of the 5-day average traded value. Overall, the activity in HAL's put options highlights the stock's current market dynamics without indicating future movements.