Bharat Electronics Sees Surge in Call Options with 21,093 Contracts Traded at Rs 400 Strike

Bharat Electronics Ltd (BEL), 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 call options, set to expire on June 26, 2025, have seen significant trading activity, with 21,093 contracts exchanged at a turnover of approximately Rs 5,981.45 lakhs. The strike price for these options is set at Rs 400, while the underlying value of the stock currently stands at Rs 397.30.
Despite the notable trading volume, Bharat Electronics has underperformed its sector by 0.28% today, with a 1D return of -0.73%. The stock is currently just 1.93% away from its 52-week high of Rs 401.85, indicating a strong market position. However, it has experienced a trend reversal after two consecutive days of gains.

Bharat Electronics is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive long-term trend. Additionally, the stock has shown rising investor participation, with a delivery volume of 1.1 crore on June 10, reflecting an 18.07% increase compared to the 5-day average. With an open interest of 6,726 contracts, the liquidity remains robust, supporting a trade size of Rs 16.67 crore.

In summary, Bharat Electronics continues to attract attention in the market, characterized by active trading and solid performance metrics, despite recent fluctuations.