Surge in Active Call Options for Bharti Airtel as 13,175 Contracts Hit Rs 1940 Strike

Bharti Airtel Ltd, a prominent player in the Telecom Services industry, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, which has a market capitalization of Rs 10,88,874 crore, is currently valued at Rs 1938.9.
Today, the call options with an expiry date of August 28, 2025, have seen notable trading volumes. The strike price of Rs 1940 led the activity with 13,175 contracts traded, generating a turnover of approximately Rs 1,299.19 lakh. Following closely, the Rs 1960 strike price recorded 10,763 contracts traded and a turnover of Rs 638.03 lakh. Other active strike prices include Rs 1980 and Rs 2000, with 5,791 and 5,760 contracts traded, respectively.

In terms of performance metrics, Bharti Airtel has outperformed its sector by 0.29% and has shown a consecutive gain over the last five days, yielding a total return of 4.87%. The stock reached an intraday high of Rs 1952, reflecting a 2.22% increase. Additionally, it 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 decline in investor participation, with delivery volume dropping by 15.09% compared to the 5-day average.

Overall, Bharti Airtel's robust trading activity and positive performance metrics highlight its current market position within the telecom sector.