Bharti Airtel's Call Options Surge: 14,970 Contracts at Rs 1860 Strike Ignite Market Activity

Bharti Airtel Ltd, a prominent player in the Telecommunication Service Provider industry, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The stock, which closed at Rs 1866.7, is currently just 2.69% away from its 52-week high of Rs 1917.
Today, notable call options for Bharti Airtel include contracts with expiry on May 29, 2025, at various strike prices. The strike price of Rs 1860 saw the highest trading volume, with 14,970 contracts traded and a turnover of Rs 2693.44 lakhs. Following closely, the Rs 1900 strike price recorded 15,594 contracts traded, contributing Rs 1569.66 lakhs to the turnover. The Rs 1880 strike price also saw considerable activity, with 7,978 contracts traded and a turnover of Rs 1085.77 lakhs.

The stock has outperformed its sector by 0.35% today, with a 1D return of 2.53%, compared to the sector's 1D return of 2.19%. Additionally, Bharti Airtel's liquidity remains robust, with a delivery volume of 60.66 lakhs on May 13, marking a 62.14% increase against the five-day average. The stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend.

In summary, Bharti Airtel's active trading in options and solid performance metrics underscore its significant position in the telecommunications sector.