Adani Ports Sees Surge in Call Options with 4,858 Contracts Traded at Rs 1,460 Strike

Adani Ports & Special Economic Zone Ltd has emerged as one of the most active stocks today, reflecting significant trading activity in the options market. The underlying asset, ADANIPORTS, has seen a notable number of call contracts traded, with 4,858 contracts exchanged, resulting in a turnover of approximately Rs 650.50 lakhs. The options have an expiry date set for July 31, 2025, with a strike price of Rs 1,460. Open interest stands at 2,524 contracts, indicating ongoing interest in this stock.
In terms of performance, Adani Ports has been gaining traction, recording a 1.98% increase over the past three days. Today, the stock's return is 0.75%, which is in line with the sector's performance of 1.19%, while the broader Sensex has dipped by 0.12%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend.

However, there has been a decline in investor participation, with delivery volume dropping by 26.09% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of Rs 2.65 crore, reflecting its position in the transport infrastructure sector with a market capitalization of Rs 3,14,516.23 crore. Overall, Adani Ports continues to demonstrate notable activity and resilience in the market.