Hindustan Aeronautics Ltd Sees 6,602 Put Contracts Traded at Rs 4,700 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 September 30, 2025, have seen significant activity, with 6,602 contracts traded at a strike price of Rs 4,700. This has resulted in a turnover of Rs 56.65 lakhs, while the open interest stands at 1,706 contracts, indicating a robust interest in these options.
Despite the notable trading activity, HAL's stock has underperformed its sector by 0.76% today, although it has shown a slight upward trend over the past two days, gaining 0.32%. The stock has traded within a narrow range of Rs 43.8, reflecting some stability amidst market fluctuations. Currently, the underlying value of HAL is Rs 4,753.9, which is above its 20-day, 50-day, and 200-day moving averages, yet below its 5-day and 100-day moving averages.

Investor participation has seen a rise, with a delivery volume of 531,000 shares on September 29, marking an increase of 2.05% compared to the five-day average. The liquidity of HAL remains strong, with a trade size of Rs 13.1 crore based on 2% of the five-day average traded value.

In summary, while Hindustan Aeronautics Ltd has experienced active trading in its put options, the stock's performance reflects a mixed picture, characterized by recent gains but overall underperformance relative to its sector.