HDFC Bank's Rs 970 Call Options See 3,637 Contracts Traded Amid Growing Interest

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 call options, set to expire on October 28, 2025, have seen significant trading activity, with 3,637 contracts exchanged at a strike price of Rs 970. This trading generated a turnover of approximately Rs 739.33 lakhs, while the open interest stands at 2,819 contracts, indicating ongoing interest in these options.
In terms of performance, HDFC Bank's stock is currently valued at Rs 971.0, reflecting a 1D return of 0.44%. However, it has underperformed its sector by 0.47%, with the sector itself posting a 1D return of 0.57%. The stock's performance metrics reveal that it is trading above its 5-day, 20-day, and 200-day moving averages, yet remains below its 50-day and 100-day moving averages.

Investor participation has shown a positive trend, with a delivery volume of 1.83 crore shares on October 3, marking a 3.13% increase compared to the 5-day average. The liquidity of HDFC Bank's stock is also noteworthy, as it is liquid enough for a trade size of Rs 50.27 crore, based on 2% of the 5-day average traded value. Overall, HDFC Bank continues to be a focal point in the market, reflecting both its established position and current trading dynamics.