Surge in Put Option Activity for Hindustan Aeronautics Ltd: 6,887 Contracts at Rs 4800 Strike

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 is currently valued at Rs 4814.6, with notable trading activity observed in several put options set to expire on June 26, 2025.
The put option with a strike price of Rs 4800 saw the highest activity, with 6,887 contracts traded, resulting in a turnover of Rs 293.85 lakhs and an open interest of 2,168 contracts. Following closely, the Rs 4700 strike price put option recorded 6,879 contracts traded and a turnover of Rs 29.01 lakhs, with an open interest of 2,880. The Rs 4750 strike price option also demonstrated significant activity, with 4,496 contracts traded and a turnover of Rs 68.55 lakhs, alongside an open interest of 1,015.

Despite a recent decline, with the stock experiencing a 3.37% drop over the last two days, it has outperformed its sector by 0.5% today. The stock remains liquid, with a delivery volume of 11.95 lakhs on June 24, reflecting a 116.32% increase against the five-day average. The current trading dynamics suggest a complex interplay of market factors influencing investor behavior around HAL's stock.