Hindustan Aeronautics Ltd Sees Surge with 22,304 Active Call Contracts at Rs 4500 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, currently valued at Rs 4501, saw notable movements in its options market ahead of the expiry date on May 29, 2025.
Among the most traded options, the call option with a strike price of Rs 4500 led the pack with 22,304 contracts exchanged, resulting in a turnover of approximately Rs 7427.23 lakhs. Following closely, the Rs 4600 strike price option recorded 18,695 contracts traded and a turnover of Rs 4992.95 lakhs, while the Rs 5000 strike price option saw 17,617 contracts traded, contributing Rs 1543.51 lakhs to the turnover.

Despite the robust options activity, HAL's stock performance today underperformed the sector by 1.26%, closing with a 0.69% decline. The stock opened with a gain of 2.26% and reached an intraday high of Rs 4608, reflecting a 2.37% increase at its peak. Notably, HAL's trading volume has shown a rise, with delivery volume increasing by 7.39% compared to the five-day average.

In summary, Hindustan Aeronautics Ltd's active options trading highlights a dynamic market presence, even as the stock navigates a challenging performance landscape relative to its sector peers.