IndusInd Bank's Put Options Surge: 17,592 Contracts Traded at Rs 620.99 Lakhs

IndusInd Bank Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, INDUSINDBK, is currently valued at Rs 831.45, with a notable focus on put options expiring on June 26, 2025. Today, 17,592 contracts were traded at a turnover of Rs 620.99 lakhs, indicating significant activity in this financial instrument. The open interest stands at 1,400 contracts, reflecting ongoing interest among traders.
In terms of performance, IndusInd Bank has underperformed its sector by 0.58% today, although it has shown signs of a trend reversal after two consecutive days of decline. The stock is trading higher than its 20-day and 50-day moving averages but remains below its 5-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 67.16% compared to the 5-day average.

Despite these fluctuations, the stock maintains sufficient liquidity for trades, with a capacity for a trade size of Rs 19.05 crore based on 2% of the 5-day average traded value. The one-day return for IndusInd Bank is recorded at 0.37%, slightly outperforming the sector's return of 0.30% and the Sensex's return of 0.57%. Overall, the activity surrounding IndusInd Bank's put options highlights a dynamic trading environment in the private sector banking industry.