Bharat Dynamics Ltd Sees Surge in Call Options with 4,863 Contracts Traded

Bharat Dynamics Ltd, a prominent player in the Aerospace & Defense sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, BDL, saw significant activity with 4,863 call contracts traded, reflecting a turnover of approximately Rs 1,484.29 lakhs. The options have an expiry date set for July 31, 2025, with a strike price of Rs 2,000. Open interest stands at 1,701 contracts, indicating ongoing interest in this option.
In terms of performance, Bharat Dynamics has shown resilience, gaining 9.5% over the last four days, despite underperforming its sector by 0.29% today. The stock reached an intraday high of Rs 1,997, marking a 2.77% increase. Notably, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

However, there has been a decline in investor participation, with delivery volume dropping by 6.92% compared to the 5-day average. The stock remains liquid, with a trade size of Rs 11.62 crore based on 2% of the 5-day average traded value. Overall, Bharat Dynamics continues to attract attention in the market, reflecting its significant position within the Aerospace & Defense industry.