Hindustan Aeronautics Ltd Sees Surge in Active Put Options: 12,019 Contracts at Rs 4500 Strike

Hindustan Aeronautics Ltd (HAL), a prominent player in the defence 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 4666.5, with significant trading activity observed in put options set to expire on May 29, 2025.
The put option with a strike price of Rs 4700 saw 10,385 contracts traded, generating a turnover of approximately Rs 2554.71 lakhs and an open interest of 1,447 contracts. Similarly, the Rs 4600 strike price option recorded 10,483 contracts traded, with a turnover of Rs 2035.17 lakhs and an open interest of 2,270. The Rs 4500 strike price option was also active, with 12,019 contracts traded and a turnover of Rs 1584.51 lakhs, alongside an open interest of 2,314.

In terms of performance, HAL has outperformed its sector by 0.38%, with a notable 3.45% one-day return. The stock has been on an upward trend, gaining 6.89% over the last two days. It reached an intraday high of Rs 4760, reflecting a 3.26% increase. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position.

Overall, Hindustan Aeronautics Ltd continues to show robust activity in the options market, reflecting its significant role in the defence industry and its current market dynamics.