Surge in Active Call Options: 17,404 Contracts at Rs 1460 Strike for Adani Ports

Adani Ports & Special Economic Zone Ltd, a prominent player in the transport infrastructure sector, has emerged as one of the most active stocks today. The company’s underlying stock, ADANIPORTS, is currently trading at Rs 1458.0, slightly down by 0.25% for the day, which aligns closely with the sector's performance, reflecting a 0.10% decline.
Today, the stock saw significant activity in the options market, with 17,404 call contracts traded, resulting in a turnover of approximately Rs 2591.67 lakhs. The options have an expiry date set for July 31, 2025, with a strike price of Rs 1460. Open interest stands at 2,310 contracts, indicating ongoing interest in these options.

Despite a recent trend reversal after three consecutive days of gains, Adani Ports is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong underlying trend. The stock has been trading within a narrow range of Rs 10, and delivery volume has seen a notable increase, rising by 78.94% against the 5-day average, with a total of 8.43 lakh shares delivered on July 16.

In summary, Adani Ports continues to demonstrate robust trading activity and liquidity, maintaining its position in the large-cap market with a market capitalization of Rs 3,13,889.79 crore.