NCC Ltd Sees Surge in Active Put Options with 4,543 Contracts at Rs 210 Strike

NCC Ltd, a small-cap player in the construction industry, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s stock, currently valued at Rs 214.65, has seen significant trading activity with 4,543 put contracts traded, resulting in a turnover of approximately Rs 616.98 lakhs. The put options have a strike price of Rs 210 and are set to expire on August 28, 2025, indicating a strategic interest in the stock's near-term performance.
Today, NCC outperformed its sector by 2.44%, marking a notable trend reversal after five consecutive days of decline. The stock reached an intraday high of Rs 220.8, reflecting a gain of 4.64%. Despite this positive movement, NCC is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a cautious outlook in the longer term.

Investor participation has increased, with a delivery volume of 16.06 lakhs on August 5, up 63.37% compared to the 5-day average. The stock's liquidity remains robust, accommodating trades of up to Rs 1.55 crore based on 2% of the 5-day average traded value. Overall, NCC Ltd's recent performance highlights a complex interplay of market dynamics, with significant activity in its put options reflecting investor strategies in a fluctuating environment.