Interglobe Aviation Ltd Sees Surge in Put Options Activity with 6,579 Contracts at 5200 Strike

Interglobe Aviation Ltd, operating under the brand name 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 2,04,812.87 crore, has seen substantial trading activity in its put options set to expire on May 29, 2025.
Notably, the put option with a strike price of 5300 recorded the highest trading volume, with 5,822 contracts exchanged and a turnover of Rs 565.54 lakh. Following closely, the 5200 strike price put option saw 6,579 contracts traded, generating a turnover of Rs 272.33 lakh. The 5250 and 5000 strike price options also demonstrated significant activity, with 5,408 and 4,455 contracts traded, respectively.

Despite this trading activity, the underlying stock has faced challenges, experiencing a decline of 4% over the past two days, including a 2.77% drop at the market open today. The stock's performance has been characterized by a day’s low of Rs 5230.5 and a one-day return of -2.21%. Additionally, investor participation has decreased, with delivery volume falling by 39.5% compared to the five-day average.

In summary, while Interglobe Aviation Ltd has seen notable activity in its put options, the stock's recent performance reflects broader market challenges and a decline in investor engagement.