BHEL Call Options Surge: 14,600 Contracts Trade at Rs 280 Strike Price

Bharat Heavy Electricals Ltd. (BHEL) has emerged as one of the most active stocks today, reflecting significant market engagement. The company, operating in the Heavy Electrical Equipment sector, has seen a notable increase in trading activity, particularly in its call options. With an expiry date set for November 25, 2025, BHEL's call options at a strike price of Rs 280 have recorded 14,600 contracts traded, resulting in a turnover of approximately Rs 26.99 crore. The open interest stands at 1,941 contracts, indicating ongoing interest in this option.
Today, BHEL reached a new 52-week high of Rs 287.75, marking a 5.27% increase from the previous close. The stock has outperformed its sector by 2.77% and has shown a consistent upward trend, gaining 9.13% over the last three days. The weighted average price indicates that more volume was traded closer to the lower price levels, suggesting strategic buying.

BHEL is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reinforcing its strong market position. Additionally, the stock's delivery volume of 80.9 lakh shares on November 10 reflects a 38.92% increase compared to the 5-day average, highlighting rising investor participation. Overall, BHEL's performance metrics indicate a robust trading environment, underscoring its active status in the market today.