Hindustan Unilever Sees 7,489 Contracts in Rs 2500 Strike Price Puts Trading

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 2504.7. Notably, two put options with expiry dates set for October 28, 2025, have garnered significant attention.
The put option with a strike price of Rs 2500 saw a substantial trading volume of 7,489 contracts, resulting in a turnover of Rs 458.10 lakhs and an open interest of 1,714 contracts. Meanwhile, the put option with a strike price of Rs 2520 recorded 2,948 contracts traded, with a turnover of Rs 242.15 lakhs and an open interest of 702 contracts.

In terms of price performance, Hindustan Unilever underperformed its sector by 1.99%, with the stock hitting an intraday low of Rs 2474.5, reflecting a decline of 4.89%. The weighted average price indicates that more volume was traded closer to this low price. While the stock remains above its 100-day and 200-day moving averages, it is currently below its 5-day, 20-day, and 50-day moving averages.

Investor participation has seen a rise, with delivery volume reaching 11.85 lakhs on October 23, marking an increase of 87.43% compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of Rs 8.91 crores based on 2% of the 5-day average traded value.

In summary, Hindustan Unilever's active put options trading reflects notable market dynamics, with significant volumes and turnover indicating heightened interest in the stock's performance amidst current market conditions.