Adani Green Energy Sees Surge in Call Option Activity with 7,121 Contracts at Rs 1040 Strike

Adani Green Energy Ltd, a prominent player in the power sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The company’s underlying stock, ADANIGREEN, has seen notable movements, particularly with options expiring on September 30, 2025.
Among the most actively traded options, the call with a strike price of Rs 1000 recorded 6,488 contracts traded, generating a turnover of Rs 1,372.60 lakhs and an open interest of 2,805 contracts. Similarly, the Rs 1020 strike price option saw 7,045 contracts traded, with a turnover of Rs 1,063.51 lakhs and an open interest of 1,998. The Rs 1040 strike price option also attracted attention, with 7,121 contracts traded and a turnover of Rs 779.32 lakhs, alongside an open interest of 1,843.

In terms of stock performance, Adani Green Energy has outperformed its sector by 1.55%, gaining 2.86% today after two consecutive days of decline. The stock opened with a gap up of 4.71%, reaching an intraday high of Rs 1,034.50, reflecting a 5.68% increase. Notably, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend reversal. However, there has been a decline in investor participation, with delivery volume dropping by 22.51% compared to the 5-day average.

Overall, Adani Green Energy's robust trading activity and performance metrics highlight its current market position within the power industry.