Kaynes Technology India Ltd Sees Surge in Put Options Activity with 10,580 Contracts at Rs 7,000 Strike

Kaynes Technology India Ltd, a mid-cap player in the industrial manufacturing sector, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s underlying stock, KAYNES, has seen significant trading activity with two notable put options set to expire on September 30, 2025. The put option with a strike price of Rs 6,500 recorded 5,973 contracts traded, generating a turnover of approximately Rs 271.83 lakhs, while the Rs 7,000 strike price option saw 10,580 contracts traded, resulting in a turnover of around Rs 1,565.42 lakhs.
Despite this activity, the stock has underperformed its sector by 1.48%, with a one-day return of -1.29%. Over the past two days, KAYNES has experienced a decline of 1.75%, touching an intraday low of Rs 6,882, which represents a drop of 4.78%. The weighted average price indicates that more volume was traded closer to this low price. Additionally, the stock's liquidity remains adequate for trades of Rs 4.89 crore, although investor participation has decreased, with delivery volume falling by 33.72% compared to the five-day average.

In summary, while Kaynes Technology India Ltd is witnessing notable activity in its put options, the stock's recent performance reflects challenges in the market.