IndusInd Bank's Call Options Surge: 17,609 Contracts at Rs 850 Strike Active Today

IndusInd Bank Ltd. has emerged as one of the most active stocks today, particularly in the options market, with a focus on call options set to expire on May 29, 2025. The underlying stock, INDUSINDBK, is currently valued at Rs 784.65. Notably, the call option with a strike price of Rs 850 saw the highest activity, with 17,609 contracts traded and a turnover of Rs 378.54 lakhs, while the strike price of Rs 820 followed closely with 16,747 contracts and a turnover of Rs 845.54 lakhs.
The stock has shown resilience, outperforming its sector by 3.5% today, despite opening with a loss of 2.59%. It reached an intraday high of Rs 796.70, reflecting a gain of 3.47%, after two consecutive days of decline. The day’s low was recorded at Rs 725.80, marking a decrease of 5.73%.

In terms of performance metrics, the stock's delivery volume has decreased by 40.33% compared to the five-day average, indicating a decline in investor participation. However, it remains liquid enough for trades of Rs 3.03 crore, based on 2% of the five-day average traded value.

Overall, IndusInd Bank's activity in the options market and its recent performance metrics highlight its current market position and investor engagement.