HDFC Bank Ltd. Sees Surge in Active Call Options, 23,314 Contracts at Rs 2000 Strike

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, is currently valued at Rs 1996.0, just 1.51% shy of its 52-week high of Rs 2027.1.
Today, notable activity was observed in call options set to expire on July 31, 2025. The strike price of Rs 2000 saw the highest trading volume, with 23,314 contracts exchanged, resulting in a turnover of approximately Rs 3727.56 lakhs. Following closely, the Rs 2020 strike price had 20,289 contracts traded, contributing Rs 2237.37 lakhs to the turnover. The Rs 2040 strike price also saw significant activity, with 18,797 contracts traded and a turnover of Rs 1325.38 lakhs.

The stock has been on an upward trend, gaining 0.71% over the past three days, and is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has increased, indicating rising investor participation, with a delivery volume of 56.25 lakhs on July 16, up by 15.22% compared to the 5-day average.

In summary, HDFC Bank's strong performance metrics and active options trading reflect its robust market position within the large-cap segment of the banking industry.