Hindustan Unilever Ltd Sees Surge in Active Put Options Amid 2,074 Contracts Traded

Hindustan Unilever Ltd, a prominent player in the FMCG sector, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s underlying stock, HINDUNILVR, is currently valued at Rs 2418.4. Notably, a total of 2,074 put contracts were traded, generating a turnover of approximately Rs 151.68 lakhs, with an open interest of 2,040 contracts. The strike price for these puts is set at Rs 2400, with an expiry date of July 31, 2025.
In terms of performance, Hindustan Unilever has outperformed its sector by 0.39% today, reflecting a one-day return of 0.89%, compared to the sector's return of 0.54% and the Sensex's decline of 0.15%. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 16.4% against the 5-day average.

With a market capitalization of Rs 5,62,257 crore, Hindustan Unilever continues to demonstrate liquidity, supporting a trade size of Rs 7.58 crore based on 2% of the 5-day average traded value. Overall, the activity in the put options market reflects ongoing interest in Hindustan Unilever amidst its solid market position.