IndusInd Bank Ltd. Sees Surge in Active Call Options with 4,601 Contracts Traded

IndusInd Bank Ltd. has emerged as one of the most active stocks today, reflecting significant market engagement. The private sector bank, with a market capitalization of Rs 66,262.48 crore, has seen notable activity in its call options, particularly with a strike price of Rs 850. The expiry date for these options is set for June 26, 2025, with 4,601 contracts traded, resulting in a turnover of Rs 485.20 lakh and an open interest of 3,653 contracts.
In terms of performance, IndusInd Bank has outperformed its sector by 1.95%, marking a consecutive gain over the last three days with a total return of 5.88% during this period. The stock's current value stands at Rs 850.65, which is higher than its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

Investor participation has also increased, with a delivery volume of 32.78 lakh shares on June 9, reflecting a 47.08% rise compared to the 5-day average. The liquidity of the stock supports a trade size of Rs 9.6 crore, indicating a robust trading environment. Overall, IndusInd Bank's activity today underscores its strong market position and investor interest.