HDFC Bank Ltd. Sees Surge in Active Call Options with 11,262 Contracts Traded

HDFC Bank Ltd., a prominent player in the private sector banking industry, has emerged as one of the most active stocks today, particularly in the options market. The bank's underlying stock, HDFCBANK, has seen significant trading activity with 11,262 call contracts exchanged, reflecting a turnover of approximately Rs 63.80 lakhs. The options have an expiry date set for July 31, 2025, with a strike price of Rs 2020, while the underlying value currently stands at Rs 2025.7.
In terms of performance, HDFC Bank is trading just 0.68% away from its 52-week high of Rs 2037.7, indicating strong market positioning. The stock has shown resilience, gaining 0.07% today, which is in line with sector performance, while the broader Sensex has dipped by 0.09%. The stock has been trading within a narrow range of Rs 18.3 and is currently above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend.

Additionally, the bank has experienced rising investor participation, with a delivery volume of 53.51 lakhs on July 30, marking a 5.36% increase compared to the 5-day average. With an open interest of 6,519 contracts, HDFC Bank continues to demonstrate liquidity, making it a notable focus for traders. Overall, the activity surrounding HDFC Bank reflects its robust market presence and investor engagement.