Avenue Supermarts Ltd Sees Surge in Call Options with 7,089 Contracts Traded

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 reported a notable performance, with its stock gaining 4.1% over the last four days, reflecting a consistent upward trend. Today, Avenue Supermarts reached an intraday high of Rs 4244.8, marking a 4.18% increase.
In the options market, the call options expiring on June 26, 2025, with a strike price of Rs 4200, saw significant activity. A total of 7,089 contracts were traded, resulting in a turnover of Rs 1,183.19 lakhs, while the open interest stood at 1,684 contracts. The underlying value of the stock is currently at Rs 4221.0.

Despite the positive price movement, there has been a decline in investor participation, with delivery volume dropping by 35.22% compared to the five-day average. However, Avenue Supermarts remains liquid, with a trade size of Rs 2.39 crore based on 2% of the five-day average traded value. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position. Overall, Avenue Supermarts continues to demonstrate resilience in the current market landscape.