Hindustan Unilever Ltd Sees Surge in Active Put Options with 2,283 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 put options. The company’s underlying stock, HINDUNILVR, is currently valued at Rs 2497.9, with a notable put option expiring on July 31, 2025, at a strike price of Rs 2500.
Today, 2,283 contracts of this put option were traded, resulting in a turnover of approximately Rs 234.58 lakhs. The open interest stands at 2,073 contracts, indicating a robust interest in this option.

In terms of performance, Hindustan Unilever is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong position relative to its recent price trends. The stock's delivery volume has seen a significant increase, rising by 324.8% compared to the 5-day average, with a delivery volume of 43.92 lakhs recorded on July 11.

Despite a one-day return of -0.69%, which is slightly below the sector's return of -0.49% and the Sensex's -0.28%, the liquidity remains favorable, with the stock being liquid enough for a trade size of Rs 14.81 crores.

In summary, Hindustan Unilever's active put options activity reflects ongoing market engagement, with key metrics indicating a solid trading environment amidst minor fluctuations in stock performance.