IDFC First Bank Ltd. Sees Surge in Call Options with 10,348 Contracts Traded

Apr 03 2025 03:00 PM IST
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IDFC First Bank Ltd. has become a notable player in the market, particularly in options trading, with significant call contract activity. The stock has shown strong performance, achieving an intraday high and consecutive gains, although there has been a decline in investor participation recently.
IDFC First Bank Ltd. has emerged as one of the most active stocks in the market today, particularly in the options segment. The bank's underlying stock, IDFCFIRSTB, has seen significant activity with 10,348 call contracts traded, reflecting a turnover of Rs 1,267.977 lakhs. The options have an expiry date set for April 24, 2025, with a strike price of Rs 60.

Today, IDFC First Bank's stock price reached an intraday high of Rs 60.90, marking a 6.49% increase. The stock has outperformed its sector by 5.67% and has shown a consecutive gain over the past three days, accumulating a total return of 9.93%. The underlying value currently stands at Rs 60.65, indicating a strong market position.

Despite the positive performance, there has been a noted decline in investor participation, with delivery volume dropping by 12.97% compared to the five-day average. The stock remains liquid, with a trade size of Rs 8.94 crore based on 2% of the five-day average traded value.

In summary, IDFC First Bank's recent performance highlights its active trading status and resilience in the current market environment, while also indicating some shifts in investor engagement.
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