IndusInd Bank's Put Options Surge: 2,935 Contracts at Rs 800 Strike Amid Active Trading

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 815.05, with a notable focus on put options expiring on June 26, 2025. The strike price for these puts is set at Rs 800, and a total of 2,935 contracts have been traded, resulting in a turnover of Rs 391.07 lakhs. Open interest stands at 2,492 contracts, indicating a significant level of activity and interest in this option.
In terms of performance, IndusInd Bank has outperformed its sector by 1.65% today, while the stock's price is higher than its 5-day, 20-day, and 50-day moving averages, though it remains below the 100-day and 200-day moving averages. However, investor participation has seen a decline, with delivery volume dropping by 45.49% compared to the 5-day average. Despite this, the stock maintains adequate liquidity, with a trading capacity of Rs 24.41 crore based on 2% of the 5-day average traded value.

The stock has recorded a one-day return of 1.22%, contrasting with a sector return of -0.39% and a Sensex return of -0.06%. Overall, the activity surrounding IndusInd Bank's put options reflects a dynamic trading environment, underscoring the stock's current market position.