Colgate-Palmolive (India) Ltd Sees Surge with 4,720 Active Call Options at Rs 2,500 Strike

Colgate-Palmolive (India) Ltd has emerged as one of the most active stocks today, particularly in the options market. The company, a key player in the FMCG sector, saw significant trading activity with 4,720 call contracts traded for an expiry date set for September 30, 2025, at a strike price of Rs 2,500. This activity generated a turnover of Rs 567.85 lakhs, while the open interest stood at 1,636 contracts, indicating a robust interest in this option.
In terms of performance metrics, Colgate-Palmolive's stock opened with a notable gain of 4.5%, reaching an intraday high of Rs 2,490, which reflects a 4.54% increase. The stock has outperformed its sector by 2.1%, showcasing its strength in the market. Additionally, 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.

Despite a decline in delivery volume, which fell by 39.63% compared to the 5-day average, the stock maintains sufficient liquidity for trades, with a value of Rs 4.12 crore based on 2% of the 5-day average traded value. Overall, Colgate-Palmolive (India) Ltd continues to demonstrate significant activity and resilience in the current market landscape.