IndusInd Bank Sees Surge in Active Put Options with 8,341 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 bank's underlying stock, INDUSINDBK, is currently valued at Rs 833.0, with a notable expiry date for the put options set for May 29, 2025. The put option has a strike price of Rs 800, and today, 8,341 contracts were traded, resulting in a turnover of Rs 1,302.03 lakhs. The open interest stands at 3,943 contracts, indicating a significant level of activity in this option type.
In terms of performance, IndusInd Bank has outperformed its sector by 2.14% today, marking its seventh consecutive day of gains with a total return of 9.58% over this period. The stock reached an intraday high of Rs 863.5, reflecting a 2.99% increase. It is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

Investor participation has also seen a rise, with a delivery volume of 82.12 lakhs on April 30, up 116.25% compared to the 5-day average. The liquidity of the stock is robust, accommodating a trade size of Rs 12.27 crore based on 2% of the 5-day average traded value.

In summary, IndusInd Bank's active put options trading reflects a dynamic market position, supported by strong performance metrics and increasing investor engagement.