Ashok Leyland's Rs 150 Call Option Sees 9,912 Contracts Traded Amid 5.24% Stock Surge

Ashok Leyland Ltd., a prominent player in the mid-cap automobile sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, ASHOKLEY, has seen significant trading activity with two notable call options set to expire on November 25, 2025. The first option, with a strike price of Rs 145, recorded 6,559 contracts traded and a turnover of Rs 1,403.63 lakhs, while the second option at a strike price of Rs 150 saw 9,912 contracts traded, generating a turnover of Rs 1,189.44 lakhs. Open interest for these options stands at 1,635 and 2,986 contracts, respectively. Today, Ashok Leyland reached a new 52-week high of Rs 150, reflecting a 5.24% increase and outperforming its sector by 1.11%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the stock's delivery volume surged to 84.04 lakhs on November 12, marking a 60.21% increase compared to the 5-day average. With a market capitalization of Rs 83,614 crore, Ashok Leyland continues to demonstrate robust performance in the automobile industry.