Zomato Ltd has emerged as one of the most active stock puts today amid bearish trends.

Zomato Ltd, a prominent player in the IT - Software 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, ZOMATO, is currently valued at Rs 223.0. Notably, a total of 2,027 put contracts were traded, with a premium turnover of Rs 93.40 lakhs, indicating significant activity in this option type ahead of its expiry date on March 27, 2025, at a strike price of Rs 220. In terms of performance, Zomato has been experiencing a downward trend, having lost 1.62% over the last three days, with a one-day return of -0.90%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a bearish sentiment. Additionally, investor participation has declined, with delivery volume dropping by 34.26% compared to the 5-day average. Despite these challenges, Zomato maintains a market capitalization of Rs 2,15,598.48 crore, categorizing it as a large-cap stock. The liquidity remains adequate, with trading volumes supporting a trade size of Rs 23.44 crore. Overall, Zomato's current activity in the options market highlights the ongoing dynamics within the stock, amidst a backdrop of recent performance trends.