Surge in GMR Airports Ltd Call Options: 5,914 Contracts Trade at Rs 95 Strike Price

GMR Airports Ltd has emerged as one of the most active stocks today, particularly in the transport infrastructure sector. The company’s underlying asset, GMRAIRPORT, has seen significant trading activity with 5,914 call contracts exchanged, resulting in a turnover of approximately Rs 762.47 lakhs. The options, set to expire on July 31, 2025, have a strike price of Rs 95, with an open interest of 1,204 contracts, indicating a robust interest in this stock.
In terms of performance, GMR Airports has outperformed its sector by 1.92%, marking a notable trend as the stock has gained for the last eight consecutive days, accumulating a total return of 10.08% during this period. Today, the stock reached an intraday high of Rs 93.96, reflecting a 2.98% increase. Furthermore, GMR Airports is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum.

Despite a slight decline in delivery volume, which fell by 2.36% against the 5-day average, the stock remains liquid enough for a trade size of Rs 3.44 crore, based on 2% of the 5-day average traded value. With a market capitalization of Rs 98,325.18 crore, GMR Airports continues to solidify its position in the large-cap segment of the market. Overall, the activity surrounding GMR Airports reflects a dynamic trading environment, underscoring its significance in the current market landscape.