Hindustan Unilever Ltd Sees Surge in Active Put Options with 8,970 Contracts at Rs 2400 Strike

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 2534.4. Notably, the put option with a strike price of Rs 2460, expiring on July 31, 2025, saw 7,360 contracts traded, resulting in a turnover of Rs 67.12 lakhs and an open interest of 1,310 contracts.
Additionally, the put option with a strike price of Rs 2500, set to expire on August 28, 2025, recorded 8,858 contracts traded, with a turnover of Rs 1,087.41 lakhs and an open interest of 1,289. Another significant put option at a strike price of Rs 2400, also expiring on August 28, 2025, had 8,970 contracts traded, generating a turnover of Rs 536.05 lakhs and an open interest of 2,081.

In terms of performance, Hindustan Unilever has outperformed its sector by 1.49%, with a notable 3.46% return today. The stock has been on a positive trajectory, gaining 7.12% over the last two days. It reached an intraday high of Rs 2727.5, reflecting an 8.18% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Overall, Hindustan Unilever's activity in the options market, combined with its robust performance metrics, underscores its significant position within the FMCG industry.