Voltas Ltd. Sees Surge in Active Put Options with 9,499 Contracts Traded

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 the put options segment. The company’s underlying stock, trading at Rs 1240.7, has seen significant activity with 9,499 put contracts traded, resulting in a turnover of approximately Rs 12.67 crore. The puts have a strike price of Rs 1200 and are set to expire on May 29, 2025, with an open interest of 2,846 contracts.
Despite outperforming its sector by 0.67% today, Voltas has faced challenges, experiencing a consecutive decline over the past three days, with a total drop of 8.12%. The stock reached an intraday low of Rs 1225, reflecting a 4% decrease. Additionally, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Investor participation has shown some signs of improvement, with delivery volume rising to 143,600 shares, up 6.41% from the 5-day average. The liquidity remains robust, supporting a trade size of Rs 7.4 crore, which is approximately 2% of the 5-day average traded value. Overall, Voltas Ltd. continues to navigate a challenging market environment while maintaining a significant presence in the options trading landscape.