Surge in Active Call Options for Blue Star Ltd. with 7,772 Contracts at Rs 1,800 Strike

Blue Star Ltd., a prominent player in the Electronics & Appliances sector, has emerged as one of the most active stocks today, reflecting significant market engagement. The company, with a market capitalization of Rs 37,639.84 crore, has seen notable trading activity in its call options, particularly with the underlying asset BLUESTARCO.
Today, 7,772 contracts were traded for call options set to expire on July 31, 2025, at a strike price of Rs 1,800, generating a turnover of approximately Rs 1,479.17 lakh. The open interest stands at 534 contracts, indicating ongoing interest in this option.

In terms of performance, Blue Star has outperformed its sector by 1.01%, with the stock gaining 13.15% over the last four days. It reached an intraday high of Rs 1,846, reflecting a 5.12% increase for the day. The stock's current value is Rs 1,830.7, which is higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Additionally, the stock's liquidity appears robust, with a delivery volume of 10.88 lakh shares on July 2, marking a 166.61% increase compared to the 5-day average. This activity underscores Blue Star's strong market position within the electronics sector, particularly as the air conditioning segment has also seen a gain of 3.53%. Overall, the trading dynamics around Blue Star reflect a vibrant interest in the stock amid favorable performance metrics.