HDFC Asset Management Sees 8,336 Call Contracts at Rs 5800 Strike in Active Trading

HDFC Asset Management Company Ltd has emerged as one of the most active stocks in the capital markets today, with significant trading activity observed in its call options. The stock, which is currently valued at Rs 5713.0, is nearing its 52-week high of Rs 5927.5, just 4.95% away.
In the options market, the call option with a strike price of Rs 5800 saw the highest activity, with 8,336 contracts traded and a turnover of Rs 635.58 lakhs. This was followed by the Rs 5700 strike price option, which recorded 5,614 contracts and a turnover of Rs 702.99 lakhs. The Rs 6000 strike price option also attracted attention, with 7,333 contracts traded and a turnover of Rs 201.40 lakhs.

The open interest for these options indicates a robust interest, with 3,206 contracts for the Rs 5800 strike, 1,567 for the Rs 5700 strike, and 4,013 for the Rs 6000 strike. Despite this activity, the stock underperformed its sector by 1.94% today, closing with a 1D return of -1.72%.

Overall, HDFC Asset Management Company Ltd continues to show strong trading dynamics, reflecting its position in the mid-cap segment of the capital markets.