Voltas Ltd. Sees Surge in Active Put Options with 7,742 Contracts at Rs 1200 Strike

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 in put options. The company’s stock, trading under the ticker VOLTAS, has shown significant activity with multiple put options set to expire on May 29, 2025.
Among the most notable trades, the put option with a strike price of Rs 1200 saw 7,742 contracts traded, generating a turnover of Rs 500.29 lakhs and an open interest of 3,714 contracts. Additionally, the Rs 1240 strike price put option recorded 5,492 contracts traded with a turnover of Rs 603.68 lakhs, while the Rs 1260 strike price option had 6,597 contracts traded and a turnover of Rs 911.33 lakhs.

Today, Voltas outperformed its sector by 1.46%, with the stock gaining 2.23% over the last two days. It opened with a gap up of 3.54%, reaching an intraday high of Rs 1288. The stock's performance metrics indicate it is currently above its 5-day moving average but below longer-term averages. With a market capitalization of Rs 41,337.43 crore, Voltas remains a liquid stock, suitable for trades around Rs 1.35 crore.

In summary, Voltas Ltd. is witnessing heightened activity in its put options, reflecting notable trading volumes and a solid performance in the current market environment.