Apollo Hospitals Sees Surge in Call Options with 4,513 Contracts Traded at Rs 8,000 Strike

Apollo Hospitals Enterprise Ltd. has emerged as one of the most active stocks today, reflecting significant trading activity in the options market. The underlying asset, APOLLOHOSP, saw a notable number of call contracts traded, with 4,513 contracts exchanged, resulting in a turnover of approximately Rs 352.75 lakhs. The options have an expiry date set for August 28, 2025, with a strike price of Rs 8,000. Open interest stands at 2,339 contracts, indicating ongoing interest in this stock.
In terms of price performance, Apollo Hospitals reached a new 52-week high of Rs 7,859.5 today, although it recorded a slight decline of 0.45% in its one-day return, compared to a sector return of -0.26%. The stock has been trading within a narrow range of Rs 58.5, showcasing stability amid market fluctuations. Notably, Apollo Hospitals is performing well against its moving averages, trading above the 5-day, 20-day, 50-day, 100-day, and 200-day averages.

Investor participation has also seen a rise, with delivery volume reaching 873,000 shares on August 13, marking an increase of 249.64% compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of approximately Rs 11.91 crore based on 2% of the 5-day average traded value. Overall, Apollo Hospitals continues to demonstrate strong market activity and performance metrics in the healthcare sector.