Eicher Motors Sees Surge in Call Options Trading with 7,463 Contracts at Rs 5,500 Strike

Eicher Motors Ltd, a prominent player in the Automobile Two & Three Wheelers industry, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The company, with a market capitalization of approximately Rs 1,48,994.47 crore, has seen notable movements in its call options, particularly for expiry on May 29, 2025.
The call option with a strike price of Rs 5,600 recorded 4,721 contracts traded, generating a turnover of Rs 596.14 lakh, while the Rs 5,500 strike price option saw even higher activity with 7,463 contracts traded and a turnover of Rs 1,473.73 lakh. The underlying value of Eicher Motors stands at Rs 5,431.50, indicating a robust trading environment.

Performance metrics reveal that Eicher Motors' stock performance today is inline with its sector, despite a slight decline of 0.22% in its 1D return. The stock is currently trading above its 5-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 20-day moving average. Notably, investor participation has decreased, with delivery volume dropping by 54.03% compared to the 5-day average.

In summary, Eicher Motors continues to attract attention in the market, driven by substantial options trading activity and a solid market position within the automobile sector.