Hero MotoCorp Ltd. Sees Surge in Call Options: 5,678 Contracts at Rs 5200 Strike

Hero MotoCorp Ltd., a prominent player in the automobiles sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The company’s underlying stock, HEROMOTOCO, has seen a notable uptick, outperforming its sector by 0.88%.
Today, the stock opened with a gain of 3.09%, reaching an intraday high of Rs 5246, marking a 3.4% increase. Over the past three days, Hero MotoCorp has demonstrated a consistent upward trend, accumulating a total return of 3.05%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to its historical price levels.

In the options market, several call options have attracted considerable interest. The call option with a strike price of Rs 5200, expiring on 28-Aug-2025, recorded the highest trading volume with 5,678 contracts traded and a turnover of Rs 149.90 lakhs. Additionally, the call option with a strike price of Rs 5300 saw 3,055 contracts traded, contributing to a turnover of Rs 19.48 lakhs. Open interest across these options remains robust, with the 5200 strike showing 1,868 contracts.

With a market capitalization of Rs 1,01,554 crore, Hero MotoCorp continues to exhibit strong liquidity, evidenced by a delivery volume of 10.23 lakhs, which has surged by 90.77% compared to its 5-day average. The stock also boasts a high dividend yield of 3.25%, further enhancing its appeal in the market. Overall, Hero MotoCorp's performance today underscores its active engagement in the market, driven by both stock and options trading dynamics.