Federal Bank Ltd Sees 5,869 Call Contracts Traded at Rs 200 Strike Price

Federal Bank Ltd has emerged as one of the most active stocks today, particularly in the options market. The bank's underlying asset, FEDERALBNK, saw significant activity with 5,869 call contracts traded, resulting in a turnover of approximately Rs 1,118.04 lakhs. The options have an expiry date set for October 28, 2025, with a strike price of Rs 200. Open interest stands at 2,168 contracts, indicating ongoing interest in this option.
In terms of performance, Federal Bank has outperformed its sector by 2.67%, marking a consecutive gain over the last two days with a total return of 3.5% during this period. The stock reached an intraday high of Rs 199.25, reflecting a 2.89% increase. Notably, the stock's current value is Rs 198.9, which is above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.

Despite this positive performance, there has been a decline in investor participation, with delivery volume dropping by 20.4% compared to the 5-day average. However, the stock remains liquid enough for trades sized at Rs 2.57 crore, based on 2% of the 5-day average traded value. Overall, Federal Bank's activity today highlights its robust market position within the private sector banking industry.