ITC Ltd. Sees Surge in Active Call Options with 4,328 Contracts Traded at Rs 420

ITC Ltd., a prominent player in the FMCG sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The company’s call options, set to expire on August 28, 2025, with a strike price of Rs 420, saw a robust trading volume of 4,328 contracts, contributing to a turnover of approximately Rs 439.03 lakhs. The open interest for these contracts stands at 4,018, indicating a strong interest among traders.
In terms of performance, ITC has shown a positive trend, gaining 1.61% over the last two days, with a 1D return of 0.62%. The stock has been trading within a narrow range of Rs 3.2, which suggests stability in its price movements. Currently, the underlying value of ITC is Rs 415.9, positioning it slightly above its 5-day moving average, although it remains below the longer-term moving averages of 20, 50, 100, and 200 days.

Investor participation has also increased, with a delivery volume of 1.35 crore shares on July 31, marking a significant rise of 142.44% compared to the 5-day average. This liquidity, representing 2% of the 5-day average traded value, indicates that ITC is sufficiently liquid for trades around Rs 8.69 crore.

In summary, ITC Ltd. continues to demonstrate notable activity in the market, driven by strong trading volumes and a positive performance trend, reflecting its solid position within the FMCG industry.