Hindustan Aeronautics Ltd Sees Surge in Call Options with 8,837 Contracts at Rs 4300

Hindustan Aeronautics Ltd (HAL), a prominent player in the defence sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, currently valued at Rs 4389.6, has shown resilience by outperforming its sector by 1.89% and reversing a two-day decline with a notable intraday high of Rs 4406, marking a gain of 4.99%.
Today, the call options for HAL with expiry on May 29, 2025, have attracted considerable interest. The strike price of Rs 4300 saw the highest volume with 8,837 contracts traded, resulting in a turnover of Rs 3151.02 lakhs and an open interest of 2,724 contracts. Other strike prices, including Rs 4400 and Rs 4500, also witnessed robust trading, with 9,775 and 10,043 contracts traded, respectively.

The stock's liquidity remains strong, with a delivery volume of 7.62 lakhs on April 25, reflecting a 36.26% increase compared to the five-day average. Additionally, HAL is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance metrics. Overall, Hindustan Aeronautics Ltd continues to demonstrate significant market activity and resilience in the defence industry.