Surge in Kotak Mahindra Bank Put Options: 9,371 Contracts at Rs 2000 Strike Price

Kotak Mahindra Bank Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, KOTAKBANK, is currently valued at Rs 2027.5. Notably, several put options with an expiry date of September 30, 2025, have seen significant trading activity.
The put option with a strike price of Rs 2000 led the activity, with 9,371 contracts traded and a turnover of Rs 721.19 lakhs, alongside an open interest of 3,247 contracts. Other notable strike prices include Rs 1980, with 6,362 contracts traded and a turnover of Rs 345.07 lakhs, and Rs 1960, which saw 4,394 contracts traded for a turnover of Rs 148.17 lakhs.

In terms of performance, Kotak Mahindra Bank has outperformed its sector by 1.93%, reaching a day's high of Rs 2018.5, reflecting a 2.42% increase. The stock's moving averages indicate it is above the 5-day, 20-day, and 200-day averages but below the 50-day and 100-day averages. However, investor participation has shown a decline, with delivery volume falling by 22.61% compared to the 5-day average.

Overall, Kotak Mahindra Bank's options activity highlights a dynamic trading environment, reflecting the stock's current market position and investor engagement.