Bharat Electronics Ltd Sees Surge in Call Option Activity with 6,219 Contracts at Rs 390 Strike

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 is currently priced at Rs 392.1, just 2.46% shy of its 52-week high of Rs 401.85.
Today, two notable call options were actively traded, both set to expire on June 26, 2025. The call option with a strike price of Rs 400 saw 5,901 contracts traded, generating a turnover of approximately Rs 982.16 lakhs, while the Rs 390 strike price option recorded 6,219 contracts traded, with a turnover of around Rs 1,761.78 lakhs. The open interest for the Rs 400 strike stands at 6,851 contracts, and for the Rs 390 strike, it is at 3,328 contracts.

Despite opening with a loss of 2% today, Bharat Electronics has shown resilience, gaining 1.33% in stock return, in line with the sector's performance of 1.23%. The stock has also reversed a two-day downward trend, indicating a potential shift in momentum. However, it remains below the 5-day moving average while exceeding the 20, 50, 100, and 200-day moving averages.

In summary, Bharat Electronics Ltd's trading activity today highlights its robust market presence and ongoing investor engagement, despite recent fluctuations in performance metrics.