Max Healthcare Institute Ltd Sees Surge in Active Put Options with 5,049 Contracts Traded

Max Healthcare Institute Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, MAXHEALTH, has seen significant trading activity with 5,049 contracts traded, reflecting a turnover of approximately Rs 460.70 lakhs. The put options have a strike price of Rs 1,200 and are set to expire on August 28, 2025. The current underlying value stands at Rs 1,225.50, indicating a notable interest in hedging against potential declines.
In terms of performance, MAXHEALTH has underperformed its sector by 3.08%, with the stock hitting an intraday low of Rs 1,214.30, representing a decline of 4.17%. The weighted average price suggests that more volume was traded closer to this low price. While the stock is trading above its 100-day and 200-day moving averages, it remains below the 5-day, 20-day, and 50-day moving averages, indicating mixed short-term trends.

Investor participation has seen a rise, with delivery volume increasing by 73.67% compared to the 5-day average, totaling 138,100 shares. The liquidity remains robust, accommodating trades up to Rs 4.01 crore based on 2% of the 5-day average traded value.

In summary, Max Healthcare Institute Ltd's put options activity highlights a significant level of trading interest amid a challenging performance landscape, reflecting the dynamics of the current market environment.