Interglobe Aviation Ltd Sees 5,914 Active Put Contracts at Rs 6,000 Strike Price

Interglobe Aviation Ltd, operating under the brand INDIGO, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, a significant player in the airline industry with a market capitalization of Rs 2,34,826.00 crore, saw notable activity in its put options expiring on August 28, 2025.
A total of 5,914 contracts were traded at a strike price of Rs 6,000, resulting in a turnover of Rs 646.70 lakh. The open interest for these puts stands at 1,575 contracts, indicating a robust interest among traders. The underlying stock is currently valued at Rs 6,101.50, just 2.41% away from its 52-week high of Rs 6,232.50.

In terms of performance, Interglobe Aviation's stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. However, the stock experienced a one-day return of -1.07%, slightly underperforming the sector's return of -0.96%. Additionally, the stock touched an intraday low of Rs 6,010, reflecting a decline of 2.36%.

Despite a decrease in delivery volume by 28.45% compared to the 5-day average, the stock remains liquid enough for trades of Rs 8.56 crore based on 2% of the 5-day average traded value. Overall, Interglobe Aviation's activity in the options market highlights the ongoing dynamics within the airline sector.