Hindustan Aeronautics Ltd Sees Surge in Active Put Options with 4,987 Contracts Traded

Hindustan Aeronautics Ltd (HAL), a prominent player in the Aerospace & Defense 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, with 4,987 contracts exchanged, resulting in a turnover of approximately Rs 125.15 lakhs. The strike price for these puts is set at Rs 5,000, while the underlying stock is currently valued at Rs 5,004.6.
Today, HAL's performance has outpaced its sector by 0.37%, marking a trend reversal after two consecutive days of decline. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive momentum. However, there has been a notable decrease in investor participation, with delivery volume dropping by 30.9% compared to the 5-day average, totaling 4.67 lakhs.

Despite this decline in participation, HAL maintains a liquidity level sufficient for trades up to Rs 19.12 crores, based on 2% of the 5-day average traded value. The stock has recorded a one-day return of 0.79%, while the sector and Sensex have returned 0.29% and -0.09%, respectively. Overall, Hindustan Aeronautics continues to demonstrate resilience in a fluctuating market environment.