Bharat Electronics Ltd Sees Surge in Call Options with 5,083 Contracts at 430 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 has seen significant trading activity in call options set to expire on July 31, 2025. Notably, the call option with a strike price of 430 recorded the highest volume, with 5,083 contracts traded and a turnover of Rs 2,187.02 lakhs. This was closely followed by the 440 strike price option, which saw 3,452 contracts traded and a turnover of Rs 1,139.22 lakhs, and the 450 strike price option with 3,266 contracts and a turnover of Rs 725.29 lakhs.
The underlying value of BEL is currently at Rs 434.2, and the stock recently hit a new 52-week high of Rs 428.5. Despite this achievement, it has underperformed its sector by 1.39% today, although it has gained 5.02% over the past four days. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 38.75% compared to the 5-day average.

In summary, Bharat Electronics Ltd is experiencing heightened activity in its options market, reflecting a complex interplay of trading dynamics and market performance indicators.