IndusInd Bank has emerged as one of the most active stock calls today amid options trading surge.

IndusInd Bank Ltd. has emerged as one of the most active stocks in today's trading session, particularly in the options market. The bank's call options, set to expire on March 27, 2025, have seen significant activity, with 4,669 contracts traded at a strike price of Rs 1,000, resulting in a premium turnover of approximately Rs 24.57 lakh. Additionally, another call option with a strike price of Rs 960 recorded 4,767 contracts traded, generating a premium turnover of around Rs 26.46 lakh. The open interest for these options stands at 6,582 and 3,170 contracts, respectively.
Despite this activity, IndusInd Bank's stock has faced challenges, currently trading at Rs 943.8, which is just 3.73% above its 52-week low of Rs 923.7. The stock has underperformed its sector by 0.86% today and has experienced a consecutive decline over the past three days, with a total drop of 2.85%. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Investor participation appears to be waning, with delivery volume dropping significantly by 74.1% compared to the 5-day average. Nonetheless, the stock remains liquid, with a trade size of Rs 29.04 crore based on 2% of the 5-day average traded value. Overall, the activity surrounding IndusInd Bank highlights the current market dynamics and investor behavior in the banking sector.