Adani Enterprises sees heavy put activity amid price decline
market hours1 source ↓written by the desknot a recommendation
- traded
- 3,010 put contracts
- strike price
- ₹2,400
- a turnover
- ₹60,537 lakh
- currently priced
- ₹2,399.98
- over the past
- 5.28%
Adani Enterprises Ltd has become a focal point in the options market, with 3,010 put contracts traded at the ₹2,400 strike price, reflecting a turnover of ₹60,537 lakh. The stock is currently priced at ₹2,399.98, down 5.28% over the past five days, indicating ongoing bearish sentiment.
Despite the decline, delivery volume surged by 76.12%, reaching 463,000 shares on November 4, suggesting increased investor interest. The stock is trading below all major moving averages, signaling a persistent downward trend.
Not investment advice. For informational purposes only.