Kaynes Technology Sees 3,478 Contracts in Active Rs 7,300 Put Options Trading

Kaynes Technology India Ltd, a mid-cap player in the industrial manufacturing sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s put options, set to expire on October 28, 2025, have seen significant trading activity, with 3,478 contracts exchanged and a turnover of approximately Rs 805.78 lakhs. The strike price for these puts is Rs 7,300, while the underlying stock is currently valued at Rs 7,305.
Today, Kaynes Technology has underperformed its sector by 5.22%, marking a notable trend reversal after five consecutive days of gains. The stock reached an intraday low of Rs 7,270, reflecting a decline of 4.25%. Despite this downturn, the stock remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term upward trend.

Investor participation has increased, with delivery volume rising by 83.15% compared to the 5-day average, totaling 251,000 shares. The liquidity remains robust, accommodating trades up to Rs 6.38 crore based on 2% of the 5-day average traded value. Overall, while Kaynes Technology faces short-term challenges, its underlying metrics suggest a complex market position.