Surge in Call Options for Hindustan Aeronautics Ltd as 10,692 Contracts Trade 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. The company’s call options, set to expire on June 26, 2025, have seen significant trading activity, with 10,692 contracts exchanged at a turnover of Rs 233.07 lakhs. The strike price for these options is set at Rs 5,100, while the underlying value of HAL is currently at Rs 4,914.
Despite the heightened activity in options trading, HAL's stock has underperformed its sector by 1.19%, reflecting a day’s return of -2.31%. The stock experienced a trend reversal after two consecutive days of gains, hitting an intraday low of Rs 4,890, which represents a decline of 2.75%. The weighted average price indicates that more volume was traded closer to this low price.

In terms of liquidity, HAL remains accessible for trading, with a delivery volume of 5.52 lakhs on June 23, which has decreased by 0.84% compared to the five-day average. The stock is currently above its 50-day, 100-day, and 200-day moving averages, yet below its 5-day and 20-day moving averages. Overall, HAL's performance today highlights a complex interplay of trading activity and market dynamics within the Aerospace & Defense industry.