Adani Green Energy Sees 10,540 Call Contracts at Rs 1,100 Strike Price

Adani Green Energy Ltd has emerged as one of the most active stocks today, particularly in the options market. The company, operating within the power sector, has seen significant trading activity with 10,540 call contracts traded, reflecting a turnover of Rs 2,042.65 lakhs. The options have an expiry date set for November 25, 2025, with a strike price of Rs 1,100, while the underlying value currently stands at Rs 1,086.
In terms of performance, Adani Green has outperformed its sector by 0.85% today, marking a notable trend as the stock has gained for four consecutive days, accumulating a total return of 4.45% during this period. The stock reached an intraday high of Rs 1,104.90, representing a 2.61% increase. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

However, there has been a decline in investor participation, with delivery volume dropping by 22.61% compared to the 5-day average. Despite this, the stock remains liquid, with a trade size of Rs 6.29 crore based on 2% of the 5-day average traded value. Overall, Adani Green Energy's recent activity highlights its robust market position within the power industry.