Surge in Active Put Options for Life Insurance Corporation of India at 930 Strike Price

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 5,89,236.79 crore, has seen substantial trading activity in its put options expiring on May 29, 2025.
Notably, the put option with a strike price of 930 recorded the highest trading volume, with 15,345 contracts traded and a turnover of Rs 879.04 lakh. Following closely, the 900 strike price put saw 12,732 contracts traded, generating a turnover of Rs 284.85 lakh. The 920 strike price put also attracted attention, with 12,402 contracts traded and a turnover of Rs 515.62 lakh. The underlying value of LICI stands at Rs 936.1.

Despite the notable activity in the options market, LICI's stock performance today has underperformed the sector by 0.51%, with a one-day return of -1.10%. The stock has experienced a trend reversal after four consecutive days of gains. However, it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive long-term trend. Additionally, the stock's liquidity remains robust, supporting a trade size of Rs 10.54 crore.

In summary, while LICI's stock has faced a slight decline today, the significant activity in its put options reflects ongoing interest in the company's performance within the insurance sector.