Vodafone Idea Ltd. has emerged as one of the most active stock puts today amid rising investor interest.

Vodafone Idea Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, a significant player in the telecommunication service provider industry, has seen notable trading activity in its put options with expiry set for April 24, 2025.
Two key strike prices have attracted attention: the Rs 7 put option, with 7,805 contracts traded and a turnover of Rs 561.96 lakhs, and the Rs 8 put option, which saw 9,187 contracts traded, generating a turnover of Rs 1,837.4 lakhs. The open interest for these options stands at 3,040 and 2,976 contracts, respectively, indicating a robust interest in these positions.

Despite this activity, Vodafone Idea's stock has underperformed its sector by 1.56% today, with a one-day return of 0.49%. The stock's current value is Rs 8.17, which is higher than both the 5-day and 20-day moving averages but lower than the longer-term averages. Notably, investor participation has increased, with a delivery volume of 60.34 crore on April 1, reflecting a 69.98% rise against the 5-day average. The stock remains liquid, with a trading capacity of Rs 17.56 crore based on 2% of the 5-day average traded value.

In summary, Vodafone Idea Ltd. is witnessing significant activity in its put options, reflecting a complex interplay of market dynamics, while the stock's performance metrics indicate a mixed outlook.