Bharti Airtel's Call Options Surge with 16,017 Contracts at Rs 2,040 Strike Price

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. The stock, identified by the ticker BHARTIARTL, is currently trading at an underlying value of Rs 2032.3, just 1.8% shy of its 52-week high of Rs 2067.
Today, the company saw a notable surge in call options, with 16,017 contracts traded for the October 28, 2025 expiry at a strike price of Rs 2040. This activity generated a turnover of approximately Rs 574.41 lakhs, while open interest stands at 3,098 contracts, indicating robust market engagement.

In terms of performance, Bharti Airtel has shown resilience, gaining 1.10% today, which is in line with sector performance, as the broader telecom sector recorded a 0.87% increase. The stock has reversed its trend after two consecutive days of decline and is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume of 60.91 lakhs on October 23 has surged by 131.13% compared to the 5-day average, highlighting rising investor participation.

Overall, Bharti Airtel's trading activity today underscores its strong market position and liquidity, with a market capitalization of Rs 11,53,222 crore, solidifying its status as a large-cap stock in the telecom sector.