Eternal Ltd Sees Surge in Active Call Options with 20,605 Contracts Traded

Eternal Ltd, a prominent player in the E-Retail and E-Commerce sector, has emerged as one of the most active stocks today, reflecting significant market engagement. The stock, trading under the ticker ETERNAL, has seen a notable increase, outperforming its sector by 3.27%. It reached an intraday high of Rs 240, marking a 4.79% rise.
Today, the call options for Eternal, set to expire on May 29, 2025, have garnered considerable attention, with 20,605 contracts traded and a turnover of Rs 1,458.68 lakhs. The open interest stands at 4,190 contracts, indicating ongoing interest in the stock's performance. The underlying value is currently at Rs 238.9, closely aligning with the strike price of Rs 240.

In terms of performance metrics, Eternal's stock has maintained levels above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. However, there has been a decline in investor participation, with delivery volume dropping by 21.51% compared to the 5-day average. Despite this, the stock remains liquid enough for trades sized at Rs 3.26 crore, reflecting its active market presence.

In summary, Eternal Ltd's stock activity today highlights a blend of strong performance indicators and fluctuating investor engagement, underscoring its position in the competitive E-Retail landscape.