Surge in Put Option Activity for Hindustan Aeronautics Ltd with 6,683 Contracts at Rs 5000

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 stock, currently valued at Rs 5075, has seen significant trading activity with two notable put options set to expire on May 29, 2025.
The put option with a strike price of Rs 4900 recorded 5,900 contracts traded, generating a turnover of Rs 144.07 lakhs, while the option with a strike price of Rs 5000 saw 6,683 contracts traded, resulting in a turnover of Rs 370.38 lakhs. Open interest for these options stands at 2,009 and 3,581 contracts, respectively, indicating a robust interest in these positions.

In terms of performance, HAL has outperformed its sector by 0.84% today, marking a consecutive gain over the last two days with a total return of 2.22%. The stock reached an intraday high of Rs 5110, reflecting a 2.13% increase. Despite a decline in delivery volume by 56.74% compared to the five-day average, the stock remains liquid, with a trading capacity of Rs 28.49 crore based on 2% of the five-day average traded value.

In summary, Hindustan Aeronautics Ltd is witnessing notable activity in its put options, reflecting a dynamic trading environment amidst its recent performance trends.