IndusInd Bank Ltd. Sees Surge in Active Put Options with 4,867 Contracts Traded

IndusInd Bank Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, INDUSINDBK, is currently valued at Rs 826.45, with a notable expiry date for the options set for May 29, 2025. The put option has a strike price of Rs 800, and today, 4,867 contracts were traded, resulting in a turnover of Rs 833.06 lakhs. The open interest stands at 2,190 contracts, indicating a significant level of activity.
In terms of performance, IndusInd Bank has outperformed its sector by 4.16%, marking a consecutive gain over the last two days with a total return of 4.74% during this period. The stock reached an intraday high of Rs 837.5, reflecting a 5.45% increase. While the stock's moving averages show it is above the 5-day and 20-day averages, it remains below the 50-day, 100-day, and 200-day moving averages.

Despite a decline in investor participation, with delivery volume dropping by 46.25% against the 5-day average, the stock maintains sufficient liquidity for trading, with a trade size of Rs 22.46 crore based on 2% of the 5-day average traded value. The one-day return for the stock is recorded at 4.07%, contrasting with a slight decline in the sector and Sensex returns.

In summary, IndusInd Bank's active put options trading reflects a dynamic market position, characterized by recent gains and fluctuating investor engagement.