Maruti Suzuki Sees Surge in Active Put Options with 19,041 Contracts at Rs 11,600

Maruti Suzuki India Ltd, a prominent player in the passenger car segment, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s stock, currently valued at Rs 11,665, has seen significant trading activity in its put options with two notable strike prices.
For the put option with a strike price of Rs 11,500, 13,132 contracts were traded, resulting in a turnover of approximately Rs 581.94 lakhs, while the Rs 11,600 strike price saw 19,041 contracts traded, generating a turnover of around Rs 1,198.63 lakhs. The open interest for these options stands at 2,069 and 1,838 contracts, respectively, indicating a robust interest in these positions.

Today, Maruti Suzuki's performance aligns with the sector, although it has experienced a consecutive decline over the past two days, with a total return of -2.69%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a bearish trend. Additionally, investor participation has decreased, with delivery volumes falling by 3.6% compared to the 5-day average.

In summary, Maruti Suzuki's active put options trading highlights the current market dynamics, with notable turnover and open interest figures, amidst a backdrop of declining stock performance.