ITC Ltd. Sees Surge in Active Call Options with 4,691 Contracts at Rs 410 Strike

ITC Ltd., a prominent player in the FMCG sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options, set to expire on September 30, 2025, have seen significant trading activity, with 4,691 contracts exchanged at a strike price of Rs 410. This trading generated a turnover of approximately Rs 463.10 lakhs, while the open interest stands at 3,245 contracts, indicating ongoing interest in these options.
Currently, ITC's underlying value is Rs 406.55, which places it just 4.03% above its 52-week low of Rs 390.15. Despite this activity, the stock has underperformed its sector by 0.36% today. In terms of moving averages, ITC is performing higher than its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting mixed momentum.

Investor participation appears to be declining, with a delivery volume of 91.56 lakhs on August 28, reflecting a 14.77% decrease compared to the 5-day average. Nevertheless, the stock maintains sufficient liquidity for trades around Rs 11.18 crore, based on 2% of the 5-day average traded value. Overall, ITC Ltd. continues to be a focal point in the market, reflecting both activity and underlying trends in the FMCG industry.