Hindustan Unilever Ltd Sees Surge in Active Put Options with 3,218 Contracts at Rs 2380

Hindustan Unilever Ltd, a prominent player in the FMCG sector, has emerged as one of the most active stocks in the options market today, particularly in put options. The stock, trading under the ticker HINDUNILVR, has seen significant activity in various put options with expiry dates extending into 2025.
Notably, the put option with a strike price of 2380, expiring on April 24, 2025, recorded 3,218 contracts traded, generating a turnover of approximately Rs 69.26 lakhs and an open interest of 582. Another active put option, with a strike price of 2300, also expiring on May 29, 2025, saw 2,979 contracts traded and a turnover of Rs 236.05 lakhs, with an open interest of 968.

The underlying value of Hindustan Unilever is currently at Rs 2356.9. Despite the notable trading activity, the stock has underperformed the sector by 2.78% today, with a one-day return of -4.03%. The stock reached a day’s high of Rs 2487.4 but also touched a low of Rs 2321.1, indicating volatility in its performance.

Overall, Hindustan Unilever's options activity reflects a dynamic trading environment, with significant put options being actively traded, while the stock itself is navigating a challenging market landscape.