Surge in Put Option Activity for Hindustan Aeronautics Ltd with 6,815 Contracts Traded

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 June 26, 2025, with a strike price of Rs 5000, saw significant trading activity, with 6,815 contracts exchanged, resulting in a turnover of approximately Rs 1,343.95 lakhs. The open interest for these puts stands at 5,125 contracts, indicating a robust interest among traders.
In terms of performance, HAL is currently valued at Rs 5,074. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend in its price trajectory. Despite this, the stock recorded a one-day return of -1.21%, slightly underperforming the sector's return of -0.76% and the Sensex's return of -0.19%.

Investor participation has seen a notable increase, with delivery volumes rising by 55.36% compared to the 5-day average, reaching 10.23 lakhs on June 5. The liquidity of HAL remains favorable, accommodating trade sizes of Rs 18.41 crores based on 2% of the 5-day average traded value. Overall, HAL's activity in the options market underscores its significant presence in the aerospace and defense industry, reflecting ongoing interest from market participants.