Avenue Supermarts Sees Surge in Call Options: 39,938 Contracts at Rs 4300 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 its call options, particularly for the expiry date of July 31, 2025. Notably, the call option with a strike price of Rs 4300 led the pack with 39,938 contracts traded, generating a turnover of approximately Rs 1,769.65 lakhs and an open interest of 1,894 contracts.
Other active strike prices included Rs 4250, with 18,722 contracts traded and a turnover of Rs 1,069.96 lakhs, and Rs 4400, which saw 21,359 contracts traded for a turnover of Rs 337.69 lakhs. The underlying value of DMART is currently at Rs 4,282.

In terms of performance, Avenue Supermarts has gained 8.74% over the last two days, with an intraday high of Rs 4,299, reflecting a 7.5% increase. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, delivery volume has decreased significantly, falling by 66.47% compared to the 5-day average. Overall, Avenue Supermarts continues to show robust activity in the market, aligning with the positive performance trends in the retail sector.