Interglobe Aviation's Call Options Surge: 4,591 Contracts at Rs 6000 Strike Ignite Activity

Interglobe Aviation Ltd, operating under the brand name INDIGO, has emerged as one of the most active stocks in the airline sector today. The company, which boasts a market capitalization of approximately Rs 2,28,987.98 crore, has seen significant trading activity in its call options, particularly those set to expire on July 31, 2025.
Notably, the call option with a strike price of Rs 5900 recorded 3,406 contracts traded, generating a turnover of Rs 1,078.21 lakh, while the Rs 6000 strike price option saw 4,591 contracts traded with a turnover of Rs 1,140.62 lakh. The open interest for these options stands at 910 and 2,111 contracts, respectively, indicating robust market engagement.

Today, Interglobe Aviation reached a new 52-week high of Rs 5,928, reflecting a strong performance inline with the sector, which gained 2.01%. The stock has been on an upward trajectory, achieving a consecutive gain over the past seven days with a total return of 12.33%. Furthermore, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showcasing a solid bullish trend.

With a delivery volume of 20.22 lakh shares on June 27, representing a 199.22% increase against the 5-day average, the stock demonstrates significant liquidity, making it suitable for larger trade sizes. Overall, Interglobe Aviation's performance today highlights its strong market position and active trading environment.