Patanjali Foods Ltd Sees Surge in Active Put Options with 4,170 Contracts Traded

Patanjali Foods Ltd, a prominent player in the edible oil industry, has emerged as one of the most active stocks in the market today, particularly in the options segment. The company’s underlying stock, trading at Rs 1805.2, has seen significant activity in put options, with 4,170 contracts traded, resulting in a turnover of Rs 591.1 lakhs. The put options have a strike price of Rs 1800 and are set to expire on July 31, 2025, with an open interest of 1,371 contracts.
In terms of performance, Patanjali Foods has outperformed its sector by 3.3%, marking a notable trend as the stock has gained for six consecutive days, accumulating a total return of 10.26% during this period. The stock reached an intraday high of Rs 1813.4, reflecting a 3.95% increase. Additionally, it is 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 risen, with a delivery volume of 8.45 lakhs on July 15, representing a 141.38% increase compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of Rs 2.82 crores based on 2% of the 5-day average traded value.

In summary, Patanjali Foods Ltd is experiencing heightened activity in its options market, reflecting its strong performance metrics and market position within the edible oil sector.