Divis Laboratories Sees 20,963 Call Contracts Trade at Rs 6500 Strike Price

Divis Laboratories Ltd, a prominent player in the Pharmaceuticals & Biotechnology sector, has emerged as one of the most active stocks today. The company’s underlying stock, DIVISLAB, has shown significant trading activity with 20,963 call contracts traded, reflecting a turnover of approximately Rs 2,730.01 lakhs. The options, set to expire on October 28, 2025, have a strike price of Rs 6,500, while the underlying value stands at Rs 6,496.
In terms of performance, Divis Laboratories has outperformed its sector by 4.7%, marking a notable trend with consecutive gains over the past four days, resulting in an impressive 11.52% return during this period. The stock reached an intraday high of Rs 6,507.5, representing a 6.12% increase. Additionally, Divis Laboratories is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

However, it is worth noting a decline in investor participation, with delivery volume dropping by 52.25% compared to the 5-day average. Despite this, the stock remains liquid enough for trades sized at Rs 7.72 crore, reflecting its robust market position. Overall, Divis Laboratories continues to demonstrate resilience and activity in the market, underscoring its significance in the pharmaceutical landscape.