Interglobe Aviation's Put Options Surge: 9,721 Contracts at Rs 5700 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 2,24,076.00 crore, has seen substantial trading activity in its put options, reflecting current market dynamics.
Notably, the put option with a strike price of Rs 5700, expiring on 28-Aug-2025, recorded the highest trading volume, with 9,721 contracts traded and a turnover of Rs 165.79 lakh. This was closely followed by the put option at a strike price of Rs 5800, also expiring on the same date, which saw 4,867 contracts traded and a turnover of Rs 271.80 lakh. The underlying value of INDIGO stands at Rs 5794.0, indicating a slight decline as the stock has experienced a consecutive fall over the past two days, with a total return of -5.31%.

The stock opened with a loss of 2.89% today and reached an intraday low of Rs 5755, reflecting a broader trend in the airline sector, which has fallen by 4.21%. Despite these challenges, there has been a notable increase in investor participation, with delivery volume rising by 101.14% compared to the five-day average.

In summary, Interglobe Aviation's put options are witnessing significant activity, driven by current market conditions and investor behavior, while the stock itself is navigating a challenging environment.