CDSL Sees 15,696 Active Call Contracts at Rs 1,600 Strike Price

Central Depository Services (India) Ltd (CDSL) has emerged as one of the most active stocks today, particularly in the options market. The company, operating within the capital markets sector, has seen significant trading activity in its call options, with 15,696 contracts traded at a strike price of Rs 1,600. This activity has generated a turnover of approximately Rs 26.52 crore, while open interest stands at 1,826 contracts, indicating ongoing interest in this option.
Despite this heightened activity, CDSL's stock has underperformed its sector, recording a 1D return of -0.50%, compared to a sector return of -0.06%. The underlying value of CDSL is currently at Rs 1,561. The stock is trading above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average, suggesting mixed short-term momentum.

Investor participation has notably increased, with a delivery volume of 102,800 shares on October 7, reflecting a 55.8% rise against the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 6.33 crore, based on 2% of the 5-day average traded value. Overall, CDSL's activity today highlights a dynamic trading environment, characterized by significant options engagement amidst a challenging performance backdrop.