Hero MotoCorp Ltd. Sees Surge in Active Call Options with 8,853 Contracts Traded

Hero MotoCorp Ltd. has emerged as one of the most active stocks in the market today, reflecting significant trading activity in its call options. The underlying stock, HEROMOTOCO, has seen a notable increase in trading volume, with 8,853 contracts traded for call options set to expire on July 31, 2025, at a strike price of Rs 4,300. This activity has generated a turnover of Rs 1,194.01 lakhs, while open interest stands at 2,800 contracts, indicating robust market engagement.
In terms of performance, Hero MotoCorp has outperformed its sector by 1.46%, with a consecutive gain over the last two days, yielding a total return of 2.58%. The stock reached an intraday high of Rs 4,336.7, reflecting a 2.19% increase. Currently, the underlying value is Rs 4,347.3, which is higher than the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Additionally, the stock boasts a high dividend yield of 3.3% at its current price, and liquidity remains strong, with a delivery volume of 3.88 lakhs on July 2, marking a 27.91% increase compared to the 5-day average. Overall, Hero MotoCorp's performance metrics and trading activity highlight its significant presence in the automobile sector.