Axis Bank's Rs 1160 Call Option Sees 13,507 Contracts Traded Amid Active Market

Axis Bank Ltd. has emerged as one of the most active stocks today, particularly in the options market. The bank's underlying stock, AXISBANK, is currently trading at Rs 1154.5, reflecting a notable performance as it has outperformed its sector by 0.5%. The stock has shown resilience, gaining after three consecutive days of decline, with an intraday high of Rs 1158.6, marking a 2.39% increase.
In the options segment, significant activity was noted in call options with expiry set for October 28, 2025. The strike price of Rs 1150 saw 10,495 contracts traded, generating a turnover of approximately Rs 1,529.65 lakhs and an open interest of 3,939 contracts. Meanwhile, the Rs 1160 strike price call option was even more active, with 13,507 contracts traded, resulting in a turnover of around Rs 1,633.50 lakhs and an open interest of 6,345 contracts.

Despite a decrease in delivery volume, which fell by 35.16% against the five-day average, the stock remains liquid enough for a trade size of Rs 19.64 crore, supported by its market capitalization of Rs 3,53,638 crore. Overall, Axis Bank's performance today highlights its active engagement in the market, reflecting underlying trends in investor behavior and market dynamics.