Hero MotoCorp Ltd. Sees Surge in Call Options with 19,126 Contracts at Rs 4,500

Hero MotoCorp Ltd. has emerged as one of the most active stocks in the market today, particularly in the options segment. The company, a prominent player in the automobiles industry, has seen significant trading activity in call options with expiry set for June 26, 2025. Notably, the call option with a strike price of Rs 4,400 recorded 12,470 contracts traded, generating a turnover of approximately Rs 21.89 crore. Meanwhile, the Rs 4,500 strike price option saw even higher activity, with 19,126 contracts traded and a turnover of around Rs 21.52 crore.
The underlying value of Hero MotoCorp is currently at Rs 4,480.5, reflecting a robust market position. The stock has outperformed its sector by 0.99% and has shown a consistent upward trend, gaining 7.05% over the past four days. Today, it reached an intraday high of Rs 4,486.7, marking a 2.46% increase.

Hero MotoCorp's liquidity remains strong, with a delivery volume of 305,000 shares on June 10, which is 33.54% higher than the five-day average. The stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. With a market capitalization of Rs 89,361.02 crore, the company continues to attract investor interest, underscored by a high dividend yield of 3.2%. Overall, Hero MotoCorp's performance today highlights its active engagement in the market and solidifies its standing within the large-cap segment of the automobile industry.