Surge in Call Options for Hindustan Aeronautics with 3,013 Contracts Traded at Rs 5,100 Strike

Hindustan Aeronautics Ltd (HAL), a prominent player in the Aerospace & Defense sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options, set to expire on May 29, 2025, with a strike price of Rs 5,100, saw significant trading activity, with 3,013 contracts exchanged, resulting in a turnover of Rs 21.41 lakhs. The open interest for these options stands at 3,024 contracts, indicating a robust interest among traders.
In terms of performance, HAL has outperformed its sector by 0.27%, despite experiencing a slight decline of 0.32% over the past two days. The stock has traded within a narrow range of Rs 47.9 today, reflecting a degree of stability amid recent fluctuations. Notably, HAL is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive long-term trend.

However, it is worth mentioning that investor participation has decreased, with delivery volume dropping by 44.98% compared to the 5-day average. The stock remains liquid, accommodating trades of up to Rs 21.05 crores based on 2% of the 5-day average traded value. Overall, Hindustan Aeronautics continues to be a focal point in the market, showcasing both activity and resilience in its performance metrics.