Vedanta Ltd. Sees 3,084 Put Contracts Traded at Rs 480 Strike Price

Vedanta Ltd., a prominent player in the Non-Ferrous Metals industry, has emerged as one of the most active stocks in the market today, particularly in the options segment. The company’s underlying stock, VEDL, is currently trading at Rs 494.7, reflecting a notable performance inline with sector trends.
Today, Vedanta's put options, set to expire on October 28, 2025, have seen significant activity, with 3,084 contracts traded and a turnover of Rs 60.29 lakhs. The strike price for these puts is Rs 480, and the open interest stands at 1,656 contracts, indicating a robust interest in this option type.

The stock has shown a positive trajectory, gaining 4.35% over the last three days, with a day’s high of Rs 495.25, marking a 2.48% increase. Vedanta is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. Additionally, the stock's liquidity remains favorable, with a delivery volume of 66.49 lakhs on October 23, reflecting a 197.48% increase compared to the 5-day average.

In summary, Vedanta Ltd. continues to demonstrate solid performance metrics and active trading in the options market, underscoring its position within the Non-Ferrous Metals sector.