Grasim Industries' Call Options Surge: 3,706 Contracts at Rs 2,800 Strike Price

Grasim Industries Ltd, a prominent player in the Cement & Cement Products industry, has emerged as one of the most active stocks today. The company’s underlying stock, GRASIM, has shown significant trading activity, particularly in call options set to expire on August 28, 2025. A total of 3,706 contracts were traded at a strike price of Rs 2,800, resulting in a turnover of approximately Rs 325.53 lakhs. The open interest stands at 1,401 contracts, indicating a robust interest in this option.
Today, GRASIM's stock price reached an intraday high of Rs 2,782, reflecting a gain of 3.36% and outperforming its sector by 1.69%. This uptick comes after three consecutive days of decline, marking a potential trend reversal. The stock's performance metrics reveal that it is currently above the 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average.

Investor participation has also increased, with a delivery volume of 606,000 shares on August 8, representing a 96.1% rise compared to the five-day average. With a market capitalization of Rs 1,83,073 crore, Grasim Industries continues to demonstrate liquidity, supporting trade sizes of up to Rs 3.91 crore. Overall, the activity surrounding Grasim Industries today highlights its dynamic position within the market.