IndusInd Bank Ltd. Sees Surge with 10,785 Active Call Options at Rs 820 Strike

IndusInd Bank Ltd. has emerged as one of the most active stocks today, particularly in the options market. The underlying asset, INDUSINDBK, saw significant activity with 10,785 call contracts traded, resulting in a turnover of approximately Rs 1,387.72 lakhs. The options have an expiry date set for June 26, 2025, with a strike price of Rs 820. Open interest stands at 6,503 contracts, indicating a robust interest in this option.
In terms of performance, IndusInd Bank has experienced a decline of 1.27% over the past two days, with a current stock price of Rs 813.7. This performance is slightly below the sector's average decline of 0.26% and the Sensex's decline of 0.36%. The stock's price is currently higher than its 5-day, 20-day, and 50-day moving averages, but lower than its 100-day and 200-day moving averages, suggesting a mixed trend in its recent performance.

Investor participation has seen a rise, with a delivery volume of 29.74 lakhs on May 30, reflecting a 7.61% increase compared to the 5-day average. The liquidity of the stock remains strong, accommodating trade sizes of up to Rs 12.05 crores based on 2% of the 5-day average traded value. Overall, IndusInd Bank's activity today highlights its position within the private sector banking industry, characterized by notable trading volumes and a complex performance landscape.