ICICI Lombard Sees 2,876 Contracts in Active Puts at Rs 1,900 Strike Price

ICICI Lombard General Insurance Company Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, ICICIGI, has seen significant trading activity with 2,876 contracts traded, resulting in a turnover of approximately Rs 155.25 lakhs. The put option has a strike price of Rs 1,900 and is set to expire on October 28, 2025, with an open interest of 1,151 contracts.
In terms of performance, ICICI Lombard has outperformed its sector by 4.98%, marking a notable gain of 7.01% over the past two days. The stock opened with a gap up of 2.17% today and reached an intraday high of Rs 1,975.90, reflecting a 6.53% increase. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also increased, with a delivery volume of 342,000 shares on October 14, up 12.41% compared to the 5-day average. The stock's liquidity remains robust, accommodating trades of up to Rs 1.8 crore based on 2% of the 5-day average traded value.

In summary, ICICI Lombard's recent performance and trading activity in the options market highlight its strong position within the insurance industry, reflecting a positive trend in investor engagement.