Surge in MCX's Put Options: 31,169 Contracts at 8400 Strike Price Highlight Active Trading

Multi Commodity Exchange of India Ltd (MCX) has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, operating within the capital markets industry and boasting a market capitalization of Rs 44,271.68 crore, has seen significant trading activity in its put options with an expiry date set for June 26, 2025.
Among the notable trades, the put option with a strike price of 8400 led the activity, with 31,169 contracts traded and a turnover of Rs 817.36 lakh. Following closely, the 8300 strike price put option recorded 26,521 contracts traded, generating a turnover of Rs 388.96 lakh. Other active strike prices included 8200, 8700, and 8000, with respective contract trades of 28,483, 19,372, and 19,277.

The underlying value of MCX stands at Rs 8,665, which is just 1.35% away from its 52-week high of Rs 8,808. Despite underperforming its sector by 0.29% today, the stock has shown resilience, gaining 5.78% over the past two days. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also increased, with a delivery volume of 3.91 lakh shares on June 25, reflecting a 100.02% rise against the 5-day average. The liquidity remains robust, supporting a trade size of Rs 21.83 crore based on 2% of the 5-day average traded value. Overall, the activity in MCX's put options highlights a dynamic trading environment as investors navigate the current market landscape.