Siemens Ltd. Sees Surge in Put Option Activity with 13,010 Contracts Traded

Siemens Ltd., a prominent player in the Heavy Electrical Equipment industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s underlying stock, SIEMENS, is currently valued at Rs 3,135.00, with a notable expiry date for the put options set for May 29, 2025.
Today, a total of 13,010 put contracts were traded at a turnover of Rs 547.69 lakhs, indicating significant activity in this option type with a strike price of Rs 3,100. The open interest stands at 994 contracts, reflecting ongoing interest among traders.

In terms of performance, Siemens has shown resilience, gaining for the last nine consecutive days and achieving a return of 10.31% during this period. The stock's performance today aligns with sector trends, with a one-day return of 0.79%, outperforming the sector's return of 0.14% and the Sensex's return of 0.50%.

The stock's liquidity remains robust, with a delivery volume of 4.8 lakhs on May 20, which has increased by 43.5% compared to the five-day average. Additionally, the stock is trading above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

In summary, Siemens Ltd. is experiencing heightened activity in its put options, reflecting a dynamic trading environment while maintaining a solid performance trajectory in the market.