Hindustan Unilever Ltd Sees 16,977 Active Call Options at Rs 2300 Strike Price

Hindustan Unilever Ltd, a prominent player in the FMCG 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 April 24, 2025, with a strike price of Rs 2300, saw significant trading activity, with 16,977 contracts exchanged, resulting in a turnover of approximately Rs 1,072.26 lakhs. The open interest stands at 7,135 contracts, indicating ongoing interest in this option.
Despite the notable activity, Hindustan Unilever's stock opened down by 4.21%, reaching an intraday low of Rs 2150. However, it has managed to outperform its sector by 1.46% today, with a 1D return of 0.43%. The stock's underlying value is currently at Rs 2256.6, which is higher than both the 5-day and 20-day moving averages but lower than the 50-day, 100-day, and 200-day moving averages.

Investor participation appears to be declining, with delivery volume dropping by 57.91% compared to the 5-day average. Nevertheless, the stock remains liquid enough for trades sized at Rs 7.98 crore, reflecting its ongoing market presence. Overall, Hindustan Unilever's activity today highlights the dynamic nature of its trading environment amidst fluctuating performance metrics.