Yes Bank Ltd. Sees Surge in Put Option Activity with 6,556 Contracts at Rs 21 Strike

Yes Bank Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The bank's underlying stock, trading at Rs 21.0, has seen significant activity with two notable put options set to expire on June 26, 2025. The put option with a strike price of Rs 20 recorded 6,011 contracts traded, generating a turnover of Rs 547.73 lakhs, while the put option with a strike price of Rs 21 saw 6,556 contracts traded, resulting in a turnover of Rs 1,142.40 lakhs.
Open interest for these options stands at 1,919 and 2,688 contracts, respectively, indicating a robust interest among traders. Today, Yes Bank's stock performance has outpaced its sector by 0.3%, despite a recent trend of consecutive declines. The stock has maintained a position above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day moving average.

Investor participation has notably increased, with delivery volume rising by 1,294.02% compared to the five-day average. The liquidity remains strong, accommodating trades of up to Rs 24.72 crores. Overall, Yes Bank's activity in the options market reflects a dynamic trading environment, underscoring the bank's position within the private sector banking industry.