ICICI Bank Ltd. Sees Surge in Active Put Options with 4,550 Contracts Traded at Rs. 1,460

ICICI Bank Ltd., a prominent player in the private sector banking industry, has emerged as one of the most active stocks today, particularly in the options market. The bank's put options, set to expire on May 29, 2025, have seen significant activity, with 4,550 contracts traded at a strike price of Rs. 1,460. This trading generated a turnover of Rs. 218.10 lakhs, while the open interest stands at 1,618 contracts, reflecting a robust interest in this option type.
Today, ICICI Bank's underlying value is reported at Rs. 1,467, having reached a new 52-week and all-time high of Rs. 1,471.6. The stock has outperformed its sector by 0.6% and has shown a consecutive gain over the last two days, yielding a return of 1.23% during this period. Notably, ICICI Bank is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

However, there has been a decline in investor participation, with delivery volume dropping by 26.96% compared to the 5-day average. Despite this, the stock remains liquid enough for trades sized at Rs. 7.86 crore, with a one-day return of 0.45%, outperforming the sector and the Sensex, which returned 0.10% and 0.38%, respectively. Overall, ICICI Bank's performance today highlights its strong market position and ongoing investor interest in its options.