Surge in Active Put Options: IEX Sees 9,171 Contracts at Rs 180 Strike Price

Indian Energy Exchange Ltd (IEX) has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, operating within the capital markets industry, has seen significant trading activity with 9,171 put contracts traded at a strike price of Rs 180, resulting in a turnover of approximately Rs 1,179.62 lakhs. The open interest stands at 4,382 contracts, indicating a robust interest in this option type.
Despite the heightened activity in the options market, IEX has underperformed its sector by 0.85% today, continuing a downward trend with a cumulative decline of 7.19% over the past five days. The stock reached an intraday high of Rs 200, reflecting a 2.05% increase at its peak. However, it remains below its 5-day, 20-day, and 50-day moving averages, while still higher than the 100-day and 200-day moving averages.

Investor participation has seen a notable rise, with delivery volume increasing by 146.47% compared to the 5-day average, totaling 39.16 lakhs on July 21. The stock's liquidity remains favorable, accommodating trades of up to Rs 1.79 crore based on 2% of the 5-day average traded value.

In summary, while Indian Energy Exchange Ltd has faced recent challenges in its stock performance, the active trading in put options reflects ongoing market engagement and interest in the company.