Surge in Bharti Airtel Ltd Call Options: 5,631 Contracts at Rs. 2000 Strike Traded

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 stock, which recently reached a new 52-week and all-time high of Rs. 1994.3, has shown a robust performance, gaining 3.11% over the last two days.
In the options segment, notable call options include those with a strike price of Rs. 2000, expiring on June 26, 2025, where 2,753 contracts were traded, resulting in a turnover of Rs. 42.61 lakhs and an open interest of 1,944. Another active call option with a strike price of Rs. 1980, also expiring on June 26, 2025, saw 2,972 contracts traded, generating a turnover of Rs. 126.60 lakhs and an open interest of 883. Additionally, a call option with a strike price of Rs. 2000, expiring on July 31, 2025, recorded 5,631 contracts traded and a turnover of Rs. 1,140.51 lakhs, with an open interest of 2,276.

Despite a decline in delivery volume by 43.06% compared to the five-day average, Bharti Airtel remains liquid enough for a trade size of Rs. 28.03 crore, trading above its key moving averages. The stock's performance today aligns closely with sector trends, showcasing a 1.52% return compared to the sector's 1.31% and the Sensex's 0.39%. Overall, Bharti Airtel's activity today underscores its strong market position and ongoing investor interest.