Mazagon Dock's Put Options Surge with 1,967 Contracts at Rs 2,800 Strike Price

Mazagon Dock Shipbuilders Ltd, a prominent player in the Aerospace & Defense sector, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, MAZDOCK, is currently valued at Rs 2810.1, with a notable strike price of Rs 2800 for the put options expiring on November 25, 2025.
Today, 1,967 contracts were traded, resulting in a turnover of approximately Rs 172.97 lakhs, while the open interest stands at 1,719 contracts. This activity reflects a significant interest in the stock, which has outperformed its sector by 0.41%. Over the past two days, MAZDOCK has shown a positive trend, gaining 3.02% in returns.

In terms of moving averages, the stock is currently above its 5-day, 20-day, 50-day, and 200-day averages, although it remains below the 100-day average. Investor participation has also increased, with a delivery volume of 3.07 lakhs on November 14, marking a 25.2% rise compared to the 5-day average. The stock's liquidity is robust, accommodating trades of up to Rs 5.67 crore based on 2% of the 5-day average traded value.

In summary, Mazagon Dock Shipbuilders Ltd is witnessing heightened activity in its put options, reflecting a dynamic trading environment amid its recent performance trends.