Surge in Hindustan Aeronautics Call Options: 5,030 Contracts at Rs 4,600 Strike Price

Hindustan Aeronautics Ltd (HAL), a prominent player in the defence 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, have seen significant trading activity, with 5,030 contracts exchanged at a turnover of approximately Rs 1,483.01 lakhs. The strike price for these options is set at Rs 4,600, while the underlying value of HAL stands at Rs 4,511.1, indicating a close proximity to the strike level.
Despite opening the day with a loss of 2%, HAL has managed to outperform its sector by 0.97%. The stock reached an intraday low of Rs 4,411.8, reflecting a decline of 2.12%. However, it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust long-term trend.

Open interest for the options stands at 2,799 contracts, indicating ongoing interest in this stock. Notably, the delivery volume has decreased by 24.86% compared to the 5-day average, signaling a potential shift in investor participation. With a market capitalization of Rs 3,01,858.28 crore, Hindustan Aeronautics continues to hold a significant position in the large-cap segment of the market.