Surge in Maruti Suzuki's Put Options: 4,501 Contracts Traded at Rs 12,500 Strike

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 the put options category. The company’s underlying stock, trading at Rs 12,440, has seen significant activity with 4,501 put contracts traded, resulting in a turnover of approximately Rs 610.81 lakhs. The put options have a strike price of Rs 12,500 and are set to expire on May 29, 2025, with an open interest of 1,464 contracts.
Despite the notable trading volume, Maruti Suzuki has underperformed its sector by 0.79% today, marking a reversal after five consecutive days of gains. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the longer term. However, investor participation has declined, with delivery volume dropping by 44.07% compared to the 5-day average.

In terms of liquidity, the stock remains accessible for trades around Rs 4.45 crore, reflecting a healthy trading environment. The one-day return for Maruti Suzuki stands at -1.99%, contrasting with a sector return of -0.90% and a Sensex return of -0.06%. Overall, the activity in Maruti Suzuki's put options highlights a dynamic trading landscape amid fluctuating market conditions.