Maruti Suzuki's Rs 16,000 Puts See 1,630 Contracts Traded Amid 2.94% Price Drop

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 15,954, is currently positioned just 2.94% away from its 52-week high of Rs 16,435. The company, a significant player in the automobiles industry with a market capitalization of Rs 5,02,038.03 crore, has seen notable activity in its put options, with 1,630 contracts traded at a strike price of Rs 16,000, resulting in a turnover of Rs 217.64 lakh.
Open interest stands at 4,007 contracts, indicating a robust interest in these options. Despite this activity, the stock has experienced a slight decline of 0.88% over the past two days, with a one-day return of -0.27%, which is in line with the sector's performance of -0.25%. The stock's moving averages show it is above the 20-day, 50-day, 100-day, and 200-day averages, but below the 5-day average, suggesting mixed short-term momentum.

Investor participation has seen a decline, with delivery volume dropping by 11.62% compared to the five-day average. However, liquidity remains adequate for trades, with the stock being liquid enough for a trade size of Rs 11.9 crore. Overall, Maruti Suzuki's current activity in the options market reflects a complex interplay of market dynamics and investor behavior.