Angel One Ltd Sees Surge in Call Options with 14,076 Contracts at Rs 2800 Strike

Angel One Ltd has emerged as one of the most active stocks in the capital markets today, reflecting significant trading activity in its call options. The underlying stock, ANGELONE, has shown a notable performance, outperforming its sector by 3.49%. Over the past two days, the stock has gained 4.29%, with an intraday high of Rs 2852, marking a 5.38% increase.
In the options market, the call option with a strike price of Rs 2800 saw the highest activity, with 14,076 contracts traded and a turnover of Rs 3112.56 lakhs. This was followed by the Rs 2900 strike price, which had 8,968 contracts traded and a turnover of Rs 1067.86 lakhs. The Rs 3100 call option also attracted attention, with 10,570 contracts traded and a turnover of Rs 373.65 lakhs. The open interest for these options stood at 2,594, 1,966, and 1,239 respectively.

Despite a decline in delivery volume, which fell by 48.44% against the 5-day average, the stock remains liquid enough for a trade size of Rs 7.34 crore. Currently, the stock's value is at Rs 2790.2, and it is trading above its 5-day, 100-day, and 200-day moving averages, although it is below the 20-day and 50-day moving averages. Overall, Angel One Ltd continues to attract attention in the market, reflecting its strong position within the capital markets industry.