Hero MotoCorp Sees 12,756 Active Call Contracts at Rs 5,500 Strike Price

Hero MotoCorp Ltd., a prominent player in the automobiles sector, has emerged as one of the most active stocks today, reflecting significant trading activity. The stock, trading under the ticker HEROMOTOCO, has seen a notable surge in options trading, with 12,756 call contracts exchanged at a turnover of approximately Rs 1,308.19 lakhs. The options have an expiry date set for September 30, 2025, with a strike price of Rs 5,500, while the underlying value currently stands at Rs 5,495.
In terms of performance, Hero MotoCorp has outperformed its sector by 0.49% today, marking a consecutive gain over the last five days with a total return of 3.86%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the stock's delivery volume of 3.78 lakhs on September 19 has increased by 5.39% compared to its 5-day average, highlighting rising investor participation.

With a market capitalization of Rs 1,09,344.00 crore, Hero MotoCorp also boasts a high dividend yield of 3.05%. The liquidity of the stock remains robust, accommodating trade sizes of Rs 7.02 crore based on 2% of the 5-day average traded value. Overall, Hero MotoCorp's current trading activity underscores its solid market position and performance metrics within the mid-cap segment of the automobile industry.