HDFC Bank has emerged as one of the most active stock calls today amid heightened options trading.

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 March 27, 2025, with a strike price of Rs 1,760, have seen significant trading activity, with 26,031 contracts exchanged and a premium turnover of approximately Rs 253.48 lakhs. The open interest stands at 10,220 contracts, indicating a robust interest in these options.
Today, HDFC Bank's underlying value is reported at Rs 1,743.95, reflecting a performance that aligns well with the sector, as evidenced by a 0.51% increase in its stock price. Over the past four days, the stock has shown a consecutive gain of 2.71%, trading within a narrow range of Rs 5.55. Notably, HDFC Bank is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price movement.

Despite a slight decline in delivery volume, which has decreased by 13.81% against the 5-day average, the stock maintains sufficient liquidity for trades, with a market cap of Rs 13,41,381.63 crore. Overall, HDFC Bank's performance today underscores its strong position in the banking industry, reflecting ongoing investor engagement and market activity.