IndusInd Bank Ltd. Sees Surge in Put Options with 4,972 Contracts Traded at Rs 800 Strike

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, has seen significant trading activity with 4,972 contracts traded, resulting in a turnover of approximately Rs 603.10 lakhs. The put options have a strike price of Rs 800 and are set to expire on June 26, 2025, with an open interest of 2,569 contracts, indicating ongoing interest in this option.
In terms of performance, IndusInd Bank has underperformed its sector by 1.1%, with a one-day return of -1.16%. The stock is currently valued at Rs 824.95, which is higher than its 5-day, 20-day, and 50-day moving averages, but lower than its 100-day and 200-day moving averages. Additionally, the stock has experienced a decline in investor participation, with a delivery volume of 34.46 lakhs on May 29, down 17.68% compared to the 5-day average.

Despite these fluctuations, the liquidity remains robust, accommodating trade sizes of Rs 13.23 crore, reflecting a healthy trading environment. Overall, the activity surrounding IndusInd Bank's put options highlights the current dynamics within the private sector banking industry.