Surge in Nestle India Ltd's Active Put Options: 9,107 Contracts at Rs 2,400 Strike

Nestle India Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, a significant player in the FMCG industry, has seen notable trading activity in its put options with two key expiry dates: April 24, 2025, and May 29, 2025. For the April expiry, 5,975 contracts were traded at a strike price of Rs 2,400, generating a turnover of approximately Rs 133.19 lakhs, with an open interest of 890 contracts. Meanwhile, the May expiry saw even higher activity, with 9,107 contracts traded at the same strike price, resulting in a turnover of around Rs 1,123.63 lakhs and an open interest of 1,655 contracts. The underlying value for both options stands at Rs 2,395. In terms of performance, Nestle India has outperformed its sector by 1.31% today, despite a slight decline of 0.12% in its one-day return. The stock reached an intraday high of Rs 2,515, reflecting a gain of 3.35%, while it dipped to a low of Rs 2,379, marking a decrease of 2.24%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position in the market. However, investor participation has shown signs of decline, with delivery volume dropping by 23.07% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of Rs 2.47 crore, based on 2% of the 5-day average traded value. Overall, Nestle India's activity in the options market reflects a dynamic trading environment, underscoring its significant role in the FMCG sector.