Surge in Active Call Options for Bharti Airtel with 23,129 Contracts Traded at Rs 2000

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 options market. The company’s underlying stock, BHARTIARTL, has seen notable movements with two key call options attracting attention.
The first option, set to expire on June 26, 2025, with a strike price of Rs 2000, recorded 12,428 contracts traded, resulting in a turnover of Rs 194.81 lakhs and an open interest of 955 contracts. The second option, expiring on July 31, 2025, also at a strike price of Rs 2000, saw a higher volume with 23,129 contracts traded and a turnover of Rs 4655.98 lakhs, alongside an open interest of 2,843 contracts. The underlying value for both options stands at Rs 2015.6.

In terms of price performance, Bharti Airtel reached a new 52-week and all-time high of Rs 2026.4 today. However, it underperformed its sector by 0.29%, following a trend reversal after two consecutive days of gains. The stock traded within a narrow range of Rs 16.4 and remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, the delivery volume increased by 30.42% compared to the 5-day average, indicating rising investor participation.

Overall, Bharti Airtel's trading activity today highlights its liquidity and market presence, reflecting the dynamics of the telecom sector.