Voltas Ltd. has emerged as one of the most active stock puts today amid market challenges.

Voltas Ltd., a prominent player in the air conditioning industry, has emerged as one of the most active stocks in the options market today, particularly with its put options. The company, which holds a market capitalization of Rs 45,791.14 crore, has seen significant trading activity in its put options set to expire on April 24, 2025.
Notably, the put option with a strike price of Rs 1,300 recorded 2,180 contracts traded, generating a turnover of Rs 153.73 lakh, while the Rs 1,400 strike price option saw 2,501 contracts traded with a turnover of Rs 483.33 lakh. The open interest for these options stands at 870 and 1,042 contracts, respectively, indicating a robust interest among traders.

In terms of stock performance, Voltas has underperformed its sector by 2.53%, with a one-day return of -5.13%. The stock reached an intraday low of Rs 1,372, reflecting a decline of 5.94%. Additionally, Voltas is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Despite these challenges, there has been a notable increase in delivery volume, which rose by 46.32% compared to the 5-day average, indicating a potential shift in trading dynamics.

In summary, Voltas Ltd. is experiencing heightened activity in its put options amid a challenging market environment, characterized by declining stock performance and increased liquidity.