Hindustan Aeronautics Ltd Sees 4,826 Active Put Contracts at Rs 4,400 Strike Price

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 the put options segment. The company’s put options, set to expire on July 31, 2025, have seen significant trading activity, with 4,826 contracts traded at a strike price of Rs 4,400. This activity has generated a turnover of Rs 200.52 lakhs, while the open interest stands at 879 contracts, indicating ongoing interest in these options.
Today, HAL's underlying value is reported at Rs 4,423.7, reflecting a slight decline as the stock has been on a downward trend, losing 7.02% over the past five days. The stock reached an intraday low of Rs 4,413.9, marking a decrease of 2.06%. Despite being above the 200-day moving average, HAL's performance is currently below the 5-day, 20-day, 50-day, and 100-day moving averages, suggesting a short-term weakness.

Investor participation has also seen a decline, with delivery volume dropping by 34.73% compared to the 5-day average. However, the stock remains liquid enough for trades, with a size of Rs 8.46 crore based on 2% of the 5-day average traded value. Overall, HAL's recent performance reflects a challenging environment, consistent with broader market trends.