ABB India Ltd Sees Surge in Call Option Activity with 9,810 Contracts at Rs 5800

ABB India Ltd, a prominent player in the Heavy Electrical Equipment industry, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, currently valued at Rs 5599.5, has seen notable movements in its options market, particularly for contracts expiring on July 31, 2025.
Two key strike prices have attracted attention: the Rs 5600 call option, with 9,752 contracts traded and a turnover of Rs 1,743.66 lakhs, and the Rs 5800 call option, which recorded 9,810 contracts traded and a turnover of Rs 844.03 lakhs. The open interest for these options stands at 1,024 and 1,458 contracts, respectively, indicating a robust interest among traders.

In terms of performance, ABB India has outperformed its sector by 0.77% today, marking a trend reversal after five consecutive days of decline. However, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's delivery volume has also seen a rise, with 281,000 shares delivered on July 16, up 44.15% compared to the 5-day average.

Overall, ABB India Ltd's activity in the options market and its recent performance metrics highlight its current market position and investor engagement.