AU Small Finance Bank's Call Options Surge: 8,233 Contracts at Rs 800 Strike Price

AU Small Finance Bank Ltd (AUBANK) has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, which operates within the Other Bank industry and holds a mid-cap market capitalization of Rs 55,444 crore, has shown notable performance metrics.
Today, AUBANK's stock opened with a substantial gap up of 7.64%, reaching an intraday high of Rs 800. The stock has outperformed its sector by 2.02% and has recorded consecutive gains over the last two days, yielding a total return of 2.83% during this period.

In the options market, several call options with an expiry date of August 28, 2025, have seen considerable trading volume. The call option with a strike price of Rs 770 recorded 6,080 contracts traded, generating a turnover of Rs 1,276.19 lakh. Similarly, the Rs 760 strike price option saw 6,125 contracts traded with a turnover of Rs 1,486.54 lakh, while the Rs 800 strike price option had 8,233 contracts traded, contributing Rs 846.35 lakh to the turnover.

Despite the positive price movements, there has been a decline in investor participation, with delivery volume dropping by 65.29% compared to the five-day average. The stock's liquidity remains adequate for trades around Rs 2.81 crore, although it is trading below the 20-day and 50-day moving averages.

In summary, AU Small Finance Bank Ltd has demonstrated robust trading activity and performance metrics today, highlighting its position in the market without delving into future implications.