Adani Ports Sees Surge with 11,356 Active Call Options at Rs 1,360 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 surge in call options, with 11,356 contracts traded for the expiry date of May 29, 2025, at a strike price of Rs 1,360. This activity has resulted in a turnover of Rs 1,883.65 lakhs and an open interest of 2,609 contracts, indicating robust engagement from market participants.
In terms of performance, Adani Ports has shown resilience, gaining 1.9% over the last two days, with today's intraday high reaching Rs 1,366.9, marking a 2.14% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. However, it is worth noting a decline in investor participation, with delivery volume dropping by 41.04% compared to the 5-day average.

With a market capitalization of Rs 2,89,998.65 crore, Adani Ports continues to maintain a solid position within the port industry. The liquidity remains favorable, allowing for trades around Rs 7.73 crore based on 2% of the 5-day average traded value. Overall, the activity surrounding Adani Ports reflects a dynamic trading environment, underscoring its significance in the current market landscape.