Surge in Call Options: Coal India Ltd. Sees 3,411 Contracts at Rs 400 Strike

Coal India Ltd. has emerged as one of the most active stocks today, reflecting significant trading activity in the options market. The company, operating within the miscellaneous industry, has seen a notable increase in call options, with 3,411 contracts traded at a strike price of Rs 400, resulting in a turnover of Rs 323.03 lakhs. The current underlying value stands at Rs 399.6, indicating a close proximity to the strike price.
The stock has been on an upward trajectory, gaining 1.67% over the past three days, with a 1.13% return today, which is slightly below the sector's 1.27% return. Notably, Coal India’s performance metrics show that it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Investor participation has also increased, with a delivery volume of 39.81 lakhs on June 5, marking an 8.65% rise compared to the 5-day average. The stock boasts a high dividend yield of 6.71%, and its liquidity remains robust, accommodating trades up to Rs 4.94 crore based on 2% of the 5-day average traded value.

In summary, Coal India Ltd. is experiencing heightened activity and positive performance trends, reflecting its strong market position within the large-cap segment.