LICI Sees Surge in Active Put Options as 3,585 Contracts Trade at Rs 900 Strike

Life Insurance Corporation of India (LICI) 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 insurance industry with a market capitalization of Rs 5,83,765.66 crore, has seen substantial trading activity in its put options.
Notably, the put option with a strike price of Rs 900, expiring on June 26, 2025, recorded 3,585 contracts traded, generating a turnover of approximately Rs 464.46 lakh and an open interest of 1,340 contracts. Another put option with the same expiry date at a strike price of Rs 890 saw 2,903 contracts traded, with a turnover of Rs 68.83 lakh and an open interest of 763 contracts. Additionally, a put option with a strike price of Rs 900, expiring on May 29, 2025, had 4,739 contracts traded, resulting in a turnover of Rs 176.00 lakh and an open interest of 1,268 contracts.

In terms of stock performance, LICI has outperformed its sector by 5%, with a one-day return of 5.93%. The stock opened with a gain of 2.38% today and reached an intraday high of Rs 917, reflecting a 5.25% increase. The stock has been on a positive trend, gaining for four consecutive days and achieving an 8.43% return during this period. Furthermore, LICI is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum.

Overall, the trading activity in LICI's put options highlights the stock's current market dynamics and investor engagement, reflecting a notable interest in the company's performance amidst a backdrop of rising liquidity and investor participation.