Godrej Properties Ltd Sees Surge in Active Call Options at Rs 2,300 Strike

Godrej Properties Ltd, a prominent player in the realty sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The company, with a market capitalization of Rs 69,861.75 crore, has seen notable interest in call options set to expire on July 31, 2025.
Two key strike prices have attracted attention: the Rs 2,350 strike price, with 4,175 contracts traded and a turnover of Rs 531.93 lakh, and the Rs 2,300 strike price, which saw 4,985 contracts traded, generating a turnover of Rs 959.48 lakh. The underlying value of Godrej Properties stands at Rs 2,307.20, indicating a robust market position.

Performance metrics reveal that Godrej Properties has been gaining traction, with a 4.57% increase over the past four days. The stock's performance today aligns with sector trends, showing a 1.32% return compared to a sector return of 0.69% and a slight decline in the Sensex of 0.24%.

Despite a drop in delivery volume by 19.66% against the five-day average, the stock remains liquid enough for trades of Rs 3.42 crore, supported by its moving averages, which are higher than the 5-day, 50-day, and 100-day averages, yet lower than the 20-day and 200-day averages. Overall, Godrej Properties continues to demonstrate a dynamic presence in the realty market.