UltraTech Cement has emerged as one of the most active stock puts today amid notable market dynamics.

UltraTech Cement Ltd, a prominent player in the cement industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, ULTRACEMCO, has seen significant activity with 5,845 contracts traded, reflecting a turnover of approximately Rs 73.00 lakhs. The put options have a strike price of Rs 11,000 and are set to expire on March 27, 2025, with an open interest of 1,885 contracts.
In terms of price performance, UltraTech Cement has outperformed its sector by 0.44%, marking a notable trend with consecutive gains over the past seven days, resulting in an 8.21% increase during this period. The stock reached an intraday high of Rs 11,420, representing a 3.34% rise for the day. Currently, UltraTech Cement is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 37.61% compared to the 5-day average. Nevertheless, the stock remains liquid, with a trade size capacity of Rs 9.5 crore based on 2% of the 5-day average traded value.

In summary, UltraTech Cement's recent performance highlights its strong market position and ongoing activity in the options market, reflecting the dynamics of investor engagement and trading patterns.