Adani Ports Sees Surge in Call Option Activity with 10,409 Contracts at Rs 1,400 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 stock, ADANIPORTS, has seen a notable increase in call options, with 10,409 contracts traded for a strike price of Rs 1,400, resulting in a turnover of approximately Rs 1,239.99 lakhs. The open interest stands at 4,158 contracts, indicating a robust interest in this option.
Today, Adani Ports is trading at Rs 1,386.1, having reached an intraday high of Rs 1,391.9, marking a 2.19% increase. The stock has demonstrated a positive trend, gaining 5.03% over the last two days, and is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Despite a slight decline in delivery volume, which fell by 5.17% compared to the 5-day average, the stock remains liquid, with a trade size of Rs 0.61 crore based on 2% of the 5-day average traded value.

In summary, Adani Ports continues to show resilience in the market, with strong performance metrics and active trading in its options, reflecting ongoing interest in the stock.