Fortis Healthcare Ltd Sees 5,030 Active Call Contracts at Rs 900 Strike Price

Fortis Healthcare Ltd has emerged as one of the most active stocks today, reflecting significant trading activity in the options market. The company, operating within the hospital industry, has seen a notable surge in its call options, particularly with a strike price of Rs 900, which is set to expire on August 28, 2025. A total of 5,030 contracts were traded, generating a turnover of approximately Rs 907.12 lakhs, while the open interest stands at 764 contracts, indicating ongoing interest in this option.
In terms of price performance, Fortis Healthcare reached a new 52-week and all-time high of Rs 904.5 today, marking a 5.4% increase from the previous close. The stock opened with a gap up of 3.13%, outperforming its sector by 2.76%. Currently, Fortis is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showcasing a strong upward trend.

Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 65.89% compared to the 5-day average. Nevertheless, the stock remains liquid enough for trades sized at Rs 3.12 crores, reflecting its active market presence. Overall, Fortis Healthcare's performance today highlights its robust position in the mid-cap segment of the healthcare industry.