SBI Life Insurance Co. Sees Surge in Active Put Options with 9,058 Contracts at ₹1,829.82 Lakhs

SBI Life Insurance Company Ltd 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 Finance/NBFC industry, has seen significant trading activity in its put options with expiry set for May 29, 2025.
Notably, the put option with a strike price of 1600 recorded 7,479 contracts traded, generating a turnover of approximately Rs 590.04 lakhs, while the 1700 strike price option saw even higher activity with 9,058 contracts traded and a turnover of Rs 1,829.82 lakhs. The underlying value of SBI Life stands at Rs 1,693.5, indicating a robust market position.

In terms of performance, SBI Life has outperformed its sector by 0.51% today, with a one-day return of 0.84%. The stock has been on a slight upward trend, gaining 0.06% over the last day. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong technical position.

Investor participation has also increased, with a delivery volume of 23.84 lakhs on April 25, marking a 254.77% rise compared to the 5-day average. The stock's liquidity remains favorable, supporting trades of up to Rs 10.03 crores based on 2% of the 5-day average traded value.

In summary, SBI Life Insurance Company Ltd is witnessing notable activity in its put options, driven by substantial trading volumes and a solid underlying performance, underscoring its position in the financial market.