Hindustan Aeronautics Sees 6,695 Call Contracts at Rs 4,800 Strike Amid Turnover of Rs 478.93 Lakhs

Hindustan Aeronautics Ltd (HAL), a prominent player in the Aerospace & Defense sector, has emerged as one of the most active stocks today. The company, with a market capitalization of Rs 3,15,893 crore, has seen significant trading activity in its call options, particularly for contracts expiring on September 30, 2025. The strike price for these options is set at Rs 4,800, with a total of 6,695 contracts traded, resulting in a turnover of approximately Rs 478.93 lakh. The open interest stands at 3,510 contracts, indicating ongoing interest in these options.
In terms of performance, HAL's stock has underperformed its sector by 0.82% today, although it has managed to gain after five consecutive days of decline. The underlying value of HAL is currently at Rs 4,766.7. Notably, the stock's price is higher than its 20-day, 50-day, 100-day, and 200-day moving averages, but lower than its 5-day moving average, suggesting a potential trend reversal.

Despite a decrease in investor participation, with delivery volume dropping by 34.94% compared to the five-day average, HAL remains liquid enough for trades of Rs 7.86 crore based on 2% of the five-day average traded value. Overall, the activity surrounding Hindustan Aeronautics reflects a complex interplay of market dynamics and investor behavior.