Eternal Ltd Sees Surge in Active Call Options with 28,720 Contracts at Rs. 310 Strike

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 trading activity in its call options. The stock, which recently reached a new 52-week high of Rs. 313.95, has shown a remarkable performance, outperforming its sector by 4.64%. Over the past four days, Eternal has gained 21.44%, indicating a strong upward trend.
Today, the call options for Eternal with expiry on July 31, 2025, have attracted considerable interest. The strike price of Rs. 310 saw 28,720 contracts traded, generating a turnover of approximately Rs. 4,568.78 lakhs, while the strike price of Rs. 315 recorded 27,791 contracts with a turnover of Rs. 3,127.04 lakhs. The strike price of Rs. 320 also saw notable activity with 24,223 contracts traded, contributing Rs. 1,744.60 lakhs to the turnover.

The underlying value of the stock stands at Rs. 310.85, with open interest across these options indicating robust market engagement. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish sentiment. With a market capitalization of Rs. 3,01,814.72 crore, Eternal Ltd continues to demonstrate its position as a liquid and actively traded stock in the market.