Surge in Bharti Airtel's Call Options: 19,094 Contracts Trade at Rs 1,960 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, has seen significant activity with 19,094 call contracts traded, reflecting a turnover of approximately Rs 633.97 lakhs. The options have an expiry date set for August 28, 2025, with a strike price of Rs 1,960.
Currently, the underlying value of Bharti Airtel stands at Rs 1,932.90. Despite this activity, the stock has underperformed its sector by 0.33% today, although it has shown resilience with a consecutive gain over the past seven days, yielding a total return of 4.67% during this period. Notably, Bharti Airtel is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.

However, there has been a decline in investor participation, with delivery volume dropping by 47.89% compared to the 5-day average. The stock remains liquid, with a trade size of Rs 21.29 crore based on 2% of the 5-day average traded value. Overall, Bharti Airtel's current market dynamics reflect a complex interplay of strong trading activity and fluctuating investor engagement.