Surge in Call Option Activity for CG Power with 4,902 Contracts at Rs 720 Strike

CG Power & Industrial Solutions Ltd has emerged as one of the most active stocks today, particularly in the options market. The company, operating in the Heavy Electrical Equipment sector, has seen significant trading activity in call options with expiry set for September 30, 2025. Notably, the call option with a strike price of Rs 720 recorded the highest volume, with 4,902 contracts traded and a turnover of Rs 1,024.17 lakhs. This was closely followed by the Rs 700 strike price option, which saw 3,495 contracts traded and a turnover of Rs 967.57 lakhs. The Rs 710 strike price option also contributed with 3,184 contracts and a turnover of Rs 755.36 lakhs.
The underlying value of CG Power stands at Rs 720.3, reflecting a robust market position. The stock has outperformed its sector by 1.07% today, with a notable 2.26% opening gap up and an intraday high of Rs 711.9, marking a 2.53% increase. Over the past two days, CG Power has gained 6.47%, indicating a positive trend. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting strong momentum. With a market capitalization of Rs 1,09,435 crore, CG Power continues to demonstrate significant liquidity and investor participation, making it a focal point in today’s trading activity.