Bharat Electronics Ltd Sees 3,354 Call Contracts at Rs 410 Strike Price

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. The stock's underlying value stands at Rs 413.25, with a notable call option expiring on October 28, 2025, at a strike price of Rs 410. Today, 3,354 contracts were traded, resulting in a turnover of approximately Rs 1,258.91 lakhs, while open interest reached 2,210 contracts.
In terms of performance, Bharat Electronics has outperformed its sector by 0.49%, marking a consecutive gain over the last four days with a total return of 4.05% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

However, it is worth noting a decline in investor participation, with delivery volume dropping by 25.09% compared to the 5-day average, totaling 62.63 lakhs on October 1. Despite this, the stock remains liquid enough for a trade size of Rs 14.69 crore, based on 2% of the 5-day average traded value. Overall, Bharat Electronics continues to demonstrate robust activity in the market, reflecting its solid position within the industry.