Avenue Supermarts' DMART Sees 3,491 Active Call Contracts at Rs 4500 Strike

Avenue Supermarts Ltd, operating under the ticker DMART, has emerged as one of the most active stocks today in the diversified retail sector. The company has seen significant trading activity in call options set to expire on July 31, 2025. Notably, the call option with a strike price of Rs 4500 recorded the highest volume, with 3,491 contracts traded and a turnover of Rs 275.25 lakhs. This was closely followed by the Rs 4400 strike price option, which saw 2,782 contracts traded and a turnover of Rs 333.12 lakhs. The Rs 4300 strike price option also attracted attention, with 2,604 contracts traded and a turnover of Rs 467.84 lakhs.
Despite this activity, Avenue Supermarts has faced challenges, experiencing a decline of 4.99% over the past two days, with an intraday low of Rs 4225, reflecting a 3.8% drop. The stock's performance today aligns with the sector, which has seen a decrease of 3.53%. The underlying value of DMART stands at Rs 4238.0, and while the stock remains above its 20, 50, 100, and 200-day moving averages, it is currently below its 5-day moving average. Open interest for the options indicates ongoing interest, with 1,231 contracts for the Rs 4300 strike, 1,562 for Rs 4400, and 2,269 for Rs 4500. Overall, Avenue Supermarts continues to be a focal point in the market, reflecting both activity and the current challenges within the retail sector.