Surge in Maruti Suzuki India Ltd's Put Options: 2,080 Contracts at Rs 12,800 Strike

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 company, a prominent player in the automobiles industry, has seen significant activity with 2,080 contracts traded for puts with a strike price of Rs 12,800, resulting in a turnover of Rs 157.21 lakhs. The underlying value of the stock is currently at Rs 12,794.
As of today, Maruti Suzuki has underperformed its sector by 0.95%, following a trend reversal after two consecutive days of gains. The stock has been trading within a narrow range of Rs 125, indicating a period of consolidation. Notably, Maruti Suzuki is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive long-term trend.

Investor participation has seen a notable increase, with delivery volume rising by 111.48% compared to the 5-day average, reaching 252,000 shares on August 12. The stock's liquidity remains robust, accommodating trades of up to Rs 6.58 crore based on 2% of the 5-day average traded value.

In summary, Maruti Suzuki's put options activity reflects a dynamic trading environment, with key metrics indicating both challenges and strengths in its current market position.