IndusInd Bank's Rs 800 Call Options See 13,660 Contracts Traded Ahead of Expiry

IndusInd Bank Ltd., a prominent player in the private sector banking industry, has emerged as one of the most active stocks today, particularly in the options market. The bank's underlying stock, INDUSINDBK, is currently valued at Rs 798.0, with a notable call option expiring on November 25, 2025, at a strike price of Rs 800.
Today, 13,660 contracts were traded, resulting in a turnover of Rs 2,200.22 lakhs, while open interest stands at 7,755 contracts. This activity reflects a significant engagement from investors, with a delivery volume of 36.54 lakhs recorded on October 28, marking an 87.64% increase compared to the five-day average.

In terms of performance, IndusInd Bank's stock has experienced a slight decline of 0.68% today, contrasting with a sector return of -0.13% and a Sensex return of 0.10%. The stock has traded within a narrow range of Rs 6.35 and has shown a trend reversal after two consecutive days of gains. Additionally, it is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Overall, the activity surrounding IndusInd Bank underscores its liquidity and market engagement, reflecting the dynamics of the private sector banking landscape.