Surge in Asian Paints Ltd. Call Options: 7,479 Contracts at Rs 2540 Strike Today

Asian Paints Ltd. has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, which operates in the paints industry and boasts a market capitalization of Rs 2,40,950.00 crore, has shown notable performance metrics.
Today, the call option with a strike price of Rs 2500, expiring on September 30, 2025, saw 5,192 contracts traded, generating a turnover of Rs 972.59 lakh and an open interest of 1,565 contracts. Another active option, with a strike price of Rs 2520 and an expiry date of August 28, 2025, recorded 5,432 contracts traded, resulting in a turnover of Rs 105.11 lakh and an open interest of 562 contracts. Additionally, the call option at a strike price of Rs 2540, also expiring on August 28, 2025, had 7,479 contracts traded, with a turnover of Rs 73.11 lakh and an open interest of 3,214 contracts.

In terms of stock performance, Asian Paints has outperformed its sector by 0.33% today, marking a trend reversal after six consecutive days of decline. The stock's current value stands at Rs 2,515.00, which is above the 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average. The stock's delivery volume of 53.3 lakh shares on August 26 has surged by 1,321.79% compared to the 5-day average, indicating rising investor participation. Overall, Asian Paints continues to demonstrate robust trading activity and liquidity, making it a focal point in today's market.