Siemens Ltd. Sees Surge in Active Put Options: 16,897 Contracts at Rs 2,900 Strike

Siemens Ltd., a prominent player in the Capital Goods industry, has emerged as one of the most active stocks in the options market today, particularly with its put options. The company’s underlying stock, SIEMENS, is currently valued at Rs 3,010.
Notably, two significant put options are drawing attention. The put option with a strike price of Rs 2,800 saw 13,322 contracts traded, resulting in a turnover of approximately Rs 285.56 lakhs, while the put option with a strike price of Rs 2,900 recorded 16,897 contracts traded, with a turnover of around Rs 682.55 lakhs. The open interest for these options stands at 1,766 and 3,103 contracts, respectively.

In terms of performance, Siemens Ltd. has outperformed its sector by 0.42% today, although it has experienced a slight decline of 0.37% in its one-day return. The stock has shown a trend reversal after four consecutive days of gains. Its moving averages indicate that it is currently above the 5-day, 20-day, and 50-day averages but below the 100-day and 200-day averages. Additionally, investor participation has risen significantly, with a delivery volume of 5.79 lakhs on May 14, marking an increase of 114.99% compared to the 5-day average.

Overall, Siemens Ltd. continues to demonstrate notable activity in the options market, reflecting the dynamics of investor engagement and market conditions.