Avenue Supermarts Sees Surge in Call Options with 2,934 Contracts Traded at Rs 4800 Strike

Avenue Supermarts Ltd, operating under the ticker DMART, has emerged as one of the most active stocks in the diversified retail sector today. The stock is currently trading at an underlying value of Rs 4727.5, with a notable call option expiring on September 30, 2025, at a strike price of Rs 4800. A total of 2,934 contracts were traded, resulting in a turnover of Rs 501.36 lakhs, while open interest stands at 1,066 contracts.
Today's performance indicates a positive trend reversal, as Avenue Supermarts has gained after two consecutive days of decline. The stock reached an intraday high of Rs 4800.5, reflecting a 2.14% increase. Furthermore, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong position in the market.

However, there has been a decline in investor participation, with delivery volume dropping by 40.89% compared to the 5-day average. Despite this, the stock remains liquid enough for a trade size of Rs 7.22 crore, based on 2% of the 5-day average traded value. Overall, Avenue Supermarts continues to demonstrate significant activity and resilience in the current market landscape.