HDFC Bank Ltd. Sees 3,767 Active Call Options at Rs 2,000 Strike Price

HDFC Bank Ltd., a prominent player in the private banking sector, has emerged as one of the most active stocks today, particularly in the options market. The bank's call options, set to expire on May 29, 2025, have seen significant activity, with 3,767 contracts traded at a strike price of Rs 2,000. This trading activity has generated a turnover of Rs 369.325 lakhs, while the open interest stands at 4,971 contracts, indicating robust market engagement.
Currently, HDFC Bank's underlying value is Rs 1,933.5, positioning it just 2.71% away from its 52-week high of Rs 1,978.9. The stock has outperformed its sector by 0.61% today, reflecting a solid performance amidst fluctuating market conditions. Notably, HDFC Bank's price is above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is slightly below the 5-day moving average.

Despite a decline in investor participation, with delivery volume dropping by 35.91% compared to the 5-day average, the stock remains liquid enough for trades around Rs 30.75 crore, based on 2% of the 5-day average traded value. Overall, HDFC Bank's activity today underscores its significant role in the banking sector and highlights ongoing investor interest in its performance metrics.