Maruti Suzuki Sees Surge in Active Put Options with 1,666 Contracts at Rs 12,500

Maruti Suzuki India Ltd, a prominent player in the automobiles sector, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s underlying stock, MARUTI, has seen significant activity with 1,666 contracts traded for puts with a strike price of Rs 12,500, resulting in a turnover of approximately Rs 163.93 lakhs. The open interest stands at 1,647 contracts, indicating a robust interest in this option type.
Despite the heightened activity in the options market, Maruti Suzuki has underperformed its sector by 0.58% today, with a one-day return of -1.19%. The stock has been on a downward trend, experiencing a consecutive fall over the last two days, resulting in a total decline of 1.94%. Currently, the stock's value is at Rs 12,550, which is above its longer-term moving averages but below its shorter-term averages, suggesting mixed signals in its price momentum.

Investor participation has notably decreased, with a delivery volume of 1.42 lakhs on July 4, down 53.47% compared to the five-day average. However, the stock remains liquid enough for trades sized at Rs 11.13 crores, based on 2% of the five-day average traded value. As Maruti Suzuki continues to navigate these market dynamics, the focus remains on its performance indicators and market position.