Bharat Electronics Ltd Sees Surge in Active Call Options with 12,908 Contracts at Rs 420

Bharat Electronics Ltd (BEL), a prominent player in the Aerospace & Defense sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock reached a new 52-week high of Rs 416.9, marking a 2.12% increase during the trading session. Over the past two days, BEL has shown a robust performance, gaining 4.24% in returns.
Today, notable call options for BEL with an expiry date of June 26, 2025, have attracted considerable interest. The strike price of Rs 410 saw 6,957 contracts traded, generating a turnover of Rs 1,406.63 lakhs, while the Rs 415 strike price recorded 9,591 contracts with a turnover of Rs 1,304.05 lakhs. The highest activity was observed at the Rs 420 strike price, with 12,908 contracts traded and a turnover of Rs 1,221.90 lakhs. Open interest for these options stands at 2,485, 2,132, and 4,532 respectively.

Bharat Electronics is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock's liquidity remains favorable, with a delivery volume of 9.73 crore on June 20, reflecting a significant increase of 789.19% compared to the 5-day average. Overall, Bharat Electronics continues to demonstrate solid performance metrics within its industry.