Surge in Maruti Suzuki's Put Options: 9,370 Contracts at Rs 12,800 Strike Price

Maruti Suzuki India Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, trading at Rs 12,839.0, is currently positioned just 4.76% away from its 52-week high of Rs 13,541.65. The company has seen significant activity in its put options, with 9,370 contracts traded at a strike price of Rs 12,800, resulting in a turnover of Rs 562.90 lakhs. Open interest stands at 2,323 contracts, indicating a robust interest in this option.
In terms of performance, Maruti Suzuki has outperformed its sector by 0.46% today, with a one-day return of 0.73%, compared to the sector's 0.22% and the Sensex's 0.14%. The stock has been trading within a narrow range of Rs 89, reflecting stability amid market fluctuations. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend.

Investor participation has also seen an uptick, with delivery volume rising by 5.75% against the 5-day average, reaching 152,000 shares. The liquidity remains strong, with the stock being liquid enough for a trade size of Rs 7.16 crore, based on 2% of the 5-day average traded value. Overall, Maruti Suzuki's current activity in the options market highlights its significant presence in the automobile sector.