Maruti Suzuki India Ltd Sees Surge in Active Put Options with 4,626 Contracts Traded

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 the put options segment. The company’s underlying stock, trading at a value of Rs 12,440, has seen significant activity with 4,626 contracts traded, resulting in a turnover of approximately Rs 349.82 lakhs. The put options have a strike price of Rs 12,500 and are set to expire on July 31, 2025, indicating a strategic interest in potential downside protection.
Despite this activity, Maruti Suzuki has underperformed its sector by 0.61% today, reflecting a broader trend as the stock has experienced a consecutive decline over the past two days, with a total drop of 1.6%. The stock's one-day return stands at -1.03%, while the sector and Sensex have reported returns of -0.43% and -0.39%, respectively.

In terms of technical indicators, Maruti Suzuki's stock is currently above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages. The liquidity remains robust, with a delivery volume of 1.3 lakhs on July 11, which is 0.73% higher than the 5-day average delivery volume. Open interest for the put options stands at 1,615 contracts, suggesting ongoing interest in this protective strategy.

In summary, while Maruti Suzuki India Ltd is witnessing notable activity in its put options, the stock's recent performance reflects challenges in the current market environment.