Siemens Ltd. Sees Surge in Active Put Options with 30,965 Contracts at Rs 3100 Strike

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 put options. The company’s underlying stock, SIEMENS, is currently valued at Rs 3087.9. Notably, two significant put options are drawing attention, both set to expire on June 26, 2025. The put option with a strike price of Rs 3000 saw 23,266 contracts traded, generating a turnover of approximately Rs 280.06 lakhs, while the Rs 3100 strike price option recorded 30,965 contracts traded, with a turnover of around Rs 999.78 lakhs.
The stock's performance today aligns with sector trends, showing a 1.55% return, slightly below the sector's 1.65% return. After three consecutive days of decline, Siemens has experienced a trend reversal, indicating a potential shift in momentum. The stock's moving averages reveal it is currently above the 50-day and 100-day averages but below the 5-day, 20-day, and 200-day averages. Additionally, investor participation has risen, with a delivery volume of 5.67 lakhs on June 23, marking a 117.74% increase compared to the five-day average. With an open interest of 1,261 for the Rs 3000 strike and 963 for the Rs 3100 strike, liquidity remains robust, supporting trades of up to Rs 5.49 crores.

In summary, Siemens Ltd. is witnessing significant activity in its put options, reflecting a dynamic trading environment amid recent stock performance changes.