Interglobe Aviation Sees Surge in Active Put Options at Rs 5800 Strike Price

Interglobe Aviation Ltd, the parent company of IndiGo, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. With an expiry date set for July 31, 2025, the stock's put options at a strike price of Rs 5800 saw significant activity, with 1,828 contracts traded, resulting in a turnover of Rs 341.18 lakhs. The open interest stands at 800 contracts, indicating a robust interest in this option.
Today, Interglobe Aviation reached a new 52-week high of Rs 5970.5, reflecting a 2.66% increase during the trading session. The stock has shown strong performance, outperforming its sector by 0.36% and achieving a remarkable 13.18% gain over the past seven days. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signaling a positive trend.

Investor participation has also risen, with a delivery volume of 20.22 lakhs on June 27, marking a 199.22% increase compared to the 5-day average. The liquidity remains favorable, supporting a trade size of Rs 17.42 crores. Overall, Interglobe Aviation's recent performance highlights its strong market position within the airline industry, characterized by increased trading activity and positive price movements.