Adani Ports Sees Surge in Call Options Activity with 25,905 Contracts at 1300 Strike

Adani Ports & Special Economic Zone Ltd has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, which operates in the port industry and boasts a large market capitalization of Rs 2,78,549.92 crore, has shown a notable performance, gaining 7.64% over the last four days.
Today, the stock opened with a gain of 3.16%, reaching an intraday high of Rs 1295, which represents a 6.45% increase. The underlying value of Adani Ports stands at Rs 1288.5, with several call options expiring on May 29, 2025, actively traded. The most notable option was the 1300 strike price, with 25,905 contracts traded and a turnover of Rs 4,106.71 lakh. Other significant options included the 1280 strike price with 16,616 contracts and a turnover of Rs 3,203.37 lakh, and the 1260 strike price with 14,440 contracts and a turnover of Rs 3,290.99 lakh.

Despite the positive price movements, there has been a decline in delivery volume, which fell by 37.87% compared to the five-day average. The stock remains liquid, suitable for trades around Rs 3.19 crore based on 2% of the five-day average traded value. Overall, Adani Ports continues to demonstrate resilience in a competitive sector, aligning closely with broader market trends.