Surge in Max Healthcare's Active Put Options: 7,530 Contracts Traded at Rs 1,200 Strike

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 7,530 contracts traded, reflecting a turnover of approximately Rs 725.42 lakhs. The put option has a strike price of Rs 1,200 and is set to expire on August 28, 2025. Open interest stands at 342 contracts, indicating a moderate level of ongoing interest in this option.
In terms of price performance, MAXHEALTH has underperformed its sector by 0.51% today, with a current underlying value of Rs 1,216.1. The stock is trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages, suggesting mixed short-term momentum. Notably, investor participation has increased, with a delivery volume of 33.89 lakhs on August 14, marking a substantial rise of 282.04% compared to the 5-day average.

Despite a one-day return of 0.58%, which lags behind the sector's return of 0.78% and the Sensex's return of 1.48%, the liquidity remains robust, accommodating trades of up to Rs 5.63 crore based on 2% of the 5-day average traded value. Overall, Max Healthcare Institute Ltd continues to attract attention in the market, reflecting a dynamic trading environment.