Hindustan Unilever Ltd Sees Surge in Call Options with 5,870 Contracts at Rs 2800

Hindustan Unilever Ltd, a prominent player in the FMCG sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, trading under the ticker HINDUNILVR, opened with a notable gain of 3.2%, reaching an intraday high of Rs 2750. This performance aligns closely with sector trends, as the stock's 1-day return stands at 1.63%, compared to a sector return of 1.89% and a Sensex return of 0.72%.
In the options market, the call option with a strike price of Rs 2700 saw 5,023 contracts traded, generating a turnover of approximately Rs 997.12 lakhs, with an open interest of 4,862 contracts. Meanwhile, the Rs 2800 strike price call option recorded 5,870 contracts traded, resulting in a turnover of Rs 510.51 lakhs and an open interest of 7,163 contracts. The underlying value of Hindustan Unilever is currently at Rs 2704.8.

Despite the positive price movement, there has been a decline in investor participation, with delivery volume dropping by 51.32% compared to the 5-day average. Nevertheless, the stock remains liquid, suitable for trades up to Rs 9.63 crore based on recent trading activity. Overall, Hindustan Unilever's performance today highlights its strong market position and active trading environment.