Surge in Call Option Activity for Asian Paints Ltd. with 5,801 Contracts at Rs 2,400 Strike

Asian Paints Ltd. has emerged as one of the most active stocks today, reflecting significant trading activity in the options market. The company, a prominent player in the paints industry with a market capitalization of Rs 2,28,135.60 crore, saw notable interest in its call options expiring on July 31, 2025. Specifically, 5,801 contracts were traded at a strike price of Rs 2,400, resulting in a turnover of Rs 837.37 lakh. The open interest for these options stands at 2,643 contracts, indicating ongoing engagement from traders.
In terms of performance metrics, Asian Paints outperformed its sector by 0.95%, with the stock reaching an intraday high of Rs 2,392.7, reflecting a 2.2% increase. The stock's current value is Rs 2,378.8, which is higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. However, it is worth noting a decline in investor participation, with delivery volume dropping by 9.05% compared to the 5-day average.

Overall, Asian Paints continues to demonstrate robust trading activity and performance metrics, highlighting its position within the paints industry.