Apollo Hospitals Sees Surge in Call Options as 11,889 Contracts for 7700 Strike Trade

Apollo Hospitals Enterprise Ltd. has emerged as one of the most active stocks today, particularly in the options market. The company, a significant player in the hospital industry, has seen substantial trading activity in call options set to expire on August 28, 2025. Notably, the call option with a strike price of 7700 led the activity, with 11,889 contracts traded and a turnover of approximately Rs 1,814.41 lakhs. This was closely followed by the 7500 strike price option, which recorded 8,019 contracts and a turnover of Rs 1,990.62 lakhs.
The underlying stock, APOLLOHOSP, reached a new 52-week high of Rs 7646.5 today, reflecting a 5.67% increase from the previous day. The stock opened with a gain of 2.3% and has outperformed its sector by 2.91%. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite a slight decline in delivery volume, which fell by 10.16% against the 5-day average, the stock remains liquid enough for trades of Rs 5.43 crore, supported by an open interest of 2,448 contracts at the 8000 strike price. Overall, Apollo Hospitals continues to demonstrate robust performance metrics in a competitive healthcare landscape.