Surge in Hindustan Aeronautics Ltd Put Options: 6,210 Contracts Traded at Rs 4,500 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 the put options segment. The company’s put options, set to expire on August 28, 2025, with a strike price of Rs 4,500, have seen significant trading activity, with 6,210 contracts traded and a turnover of Rs 555.55 lakhs. The open interest stands at 4,034 contracts, indicating a robust interest in these options.
Today, HAL's underlying stock value is reported at Rs 4,521.5, reflecting a performance that is inline with the sector. Over the past three days, the stock has gained 1.48%, with a one-day return of 1.04%, outperforming the sector's return of 0.88% and contrasting with the Sensex's decline of 0.64%.

In terms of moving averages, HAL's stock is currently above its 5-day and 200-day averages but below its 20-day, 50-day, and 100-day averages. However, there has been a noted decline in investor participation, with delivery volume decreasing by 2.13% compared to the 5-day average. Despite this, the stock maintains adequate liquidity for trading, with a size of Rs 16.44 crore based on 2% of the 5-day average traded value.

In summary, Hindustan Aeronautics Ltd is experiencing notable activity in its put options, reflecting a complex interplay of market dynamics and investor behavior.