Surge in Hindustan Zinc Ltd Call Options: 5,326 Contracts Trade at Rs 550 Strike

Hindustan Zinc Ltd, a prominent player in the Non-Ferrous Metals industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options, set to expire on June 26, 2025, with a strike price of Rs 550, saw a significant trading volume of 5,326 contracts, contributing to a turnover of Rs 928.18 lakhs. The open interest for these contracts stands at 1,797, indicating robust market engagement.
Today, Hindustan Zinc's stock price reached an intraday high of Rs 546.8, reflecting a 4.15% increase, and it has outperformed its sector by 0.96%. Over the past four days, the stock has shown a remarkable upward trend, gaining 16.35% in returns. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signaling a strong performance trajectory.

The stock's liquidity remains favorable, with a delivery volume of 40.17 lakhs on June 9, marking a 44.16% increase compared to the 5-day average. With a market capitalization of Rs 2,28,589.76 crore, Hindustan Zinc continues to solidify its position in the market, supported by a high dividend yield of 3.62%. Overall, the activity surrounding Hindustan Zinc reflects a dynamic trading environment within the non-ferrous metals sector.