Aditya Birla Fashion & Retail Sees Surge in Call Options Activity Amid 52-Week Low

Aditya Birla Fashion & Retail Ltd (ABFRL), a prominent player in the Garments & Apparels industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options, set to expire on June 26, 2025, have seen significant trading activity, with the strike prices of 80, 85, and 90 attracting notable interest. Specifically, 3,261 contracts were traded at a strike price of 80, generating a turnover of approximately Rs 280.00 lakhs, while the 85 strike price saw 3,791 contracts traded, resulting in a turnover of Rs 156.61 lakhs. The 90 strike price had 2,775 contracts traded, contributing Rs 52.02 lakhs to the turnover.
Despite this activity, ABFRL's stock has faced challenges, hitting a new 52-week low of Rs 78.25 today and underperforming its sector by 7.7%. The stock has been on a downward trend, experiencing a 9.64% decline over the past two days. It opened with a gap down of 5% and reached an intraday low of Rs 78.25. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

With an open interest of 2,654 contracts for the 90 strike price and 1,799 for the 80 strike price, the liquidity remains adequate for trades up to Rs 1.59 crore. Overall, the current trading dynamics reflect a challenging environment for Aditya Birla Fashion & Retail, underscoring the complexities within the market.