ICICI Lombard Sees Surge in Call Options Activity with 29,168 Contracts Traded at Rs 2060

ICICI Lombard General Insurance Company Ltd has emerged as one of the most active stocks today, reflecting significant trading activity in the options market. The company, a key player in the insurance industry, saw its call options with a strike price of Rs 2060 attract considerable interest, with 29,168 contracts traded, resulting in a turnover of approximately Rs 3,333.98 lakhs. The open interest for these options stands at 5,261 contracts, indicating ongoing engagement from traders.
Today, ICICI Lombard's stock price reached an intraday high of Rs 2052, marking a 2.46% increase, and it has outperformed its sector by 1.74%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its performance metrics. However, it is noteworthy that the delivery volume has decreased by 10.38% compared to the 5-day average, with a total of 3.72 lakh shares delivered on July 15.

With a market capitalization of Rs 1,00,166.80 crore, ICICI Lombard continues to maintain a robust position in the large-cap segment of the market. Overall, the trading activity today highlights the stock's liquidity and ongoing interest among market participants.