Surge in Active Call Options for Bharti Airtel with 7,058 Contracts at Rs 1900 Strike

Bharti Airtel Ltd, a prominent player in the Telecom Services industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, BHARTIARTL, is currently valued at Rs 1873.6. Notably, several call options with an expiry date of August 28, 2025, have seen significant trading activity.
The call option with a strike price of Rs 1900 led the activity with 7,058 contracts traded, generating a turnover of Rs 760.69 lakhs and an open interest of 2,950 contracts. Following closely, the Rs 2000 strike price option recorded 5,312 contracts traded and a turnover of Rs 67.12 lakhs, with an open interest of 6,960. The Rs 1940 and Rs 1960 strike price options also saw robust trading, with 5,065 and 4,908 contracts traded, respectively.

Despite this activity, Bharti Airtel has faced challenges, experiencing a decline of 3.02% over the past three days. The stock touched an intraday low of Rs 1868.8, reflecting a broader trend in the telecommunications sector, which has fallen by 2.32%. The stock remains liquid, with a trading capacity of Rs 18.12 crore based on recent averages. Overall, Bharti Airtel's performance today highlights the dynamic nature of its trading environment amidst ongoing market fluctuations.