Interglobe Aviation Sees Surge in Put Options: 2,517 Contracts at Rs 5,700 Strike

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 2,21,133.00 crore, has seen notable trading activity in its put options with two key expiry dates: August 28, 2025, and July 31, 2025.
For the August expiry, 2,150 contracts were traded at a strike price of Rs 5,700, generating a turnover of approximately Rs 504.49 lakh, with an open interest of 783 contracts. Meanwhile, the July expiry saw even higher activity, with 2,517 contracts traded at the same strike price, resulting in a turnover of around Rs 160.57 lakh and an open interest of 5,064 contracts. The underlying value of the stock is currently at Rs 5,765.

Today, Interglobe Aviation's stock performance has been characterized by a trend reversal, gaining after six consecutive days of decline. Despite opening with a loss of 2%, the stock has shown resilience, closing 4.27% away from its 52-week high of Rs 6,018. The stock's liquidity remains robust, with a delivery volume of 7.86 lakh shares, reflecting a 129.09% increase compared to the five-day average.

In summary, Interglobe Aviation's active put options trading highlights significant market engagement, reflecting the stock's current dynamics and investor behavior without delving into future implications.