Hindustan Aeronautics Ltd Sees Surge in Call Options Activity with 9,087 Contracts at Rs 4,800 Strike

Hindustan Aeronautics Ltd (HAL), a prominent player in the defence sector, has emerged as one of the most active stocks today, showcasing significant trading activity in its call options. The stock is currently valued at Rs 4,771.4, and its performance metrics indicate a robust upward trend, having outperformed its sector by 1.16%. Over the past three days, HAL has recorded an impressive gain of 8.18%.
Today, notable call options for HAL with an expiry date of May 29, 2025, have seen substantial trading volumes. The 4,900 strike price option recorded 4,076 contracts traded, generating a turnover of Rs 689.85 lakhs, while the 4,800 strike price option saw 9,087 contracts traded with a turnover of Rs 2,176.71 lakhs. The 5,000 strike price option also attracted attention, with 9,193 contracts traded and a turnover of Rs 1,078.85 lakhs. Open interest figures stand at 3,114, 5,920, and 7,015 for the respective strike prices.

Hindustan Aeronautics has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish sentiment. Additionally, the stock's delivery volume of 24.14 lakhs on May 14 reflects a 94.13% increase compared to its 5-day average, suggesting rising investor participation. With a market capitalization of Rs 3,19,099.30 crore, HAL continues to solidify its position in the large-cap segment of the market.