Kotak Mahindra Bank Call Options Surge: 5,301 Contracts at Rs 2,100 Strike Traded

Kotak Mahindra Bank Ltd has emerged as one of the most active stocks today, particularly in the options market. The bank's underlying asset, KOTAKBANK, has seen significant trading activity in call options set to expire on October 28, 2025. Notably, the call option with a strike price of 2100 recorded the highest number of contracts traded at 5,301, generating a turnover of approximately Rs 1,142.90 lakhs and an open interest of 3,102 contracts.
Other active strike prices included 2120, with 4,206 contracts traded and a turnover of Rs 744.29 lakhs, and 2140, which saw 3,928 contracts traded for a turnover of Rs 575.69 lakhs. The strike price of 2200 also attracted attention, with 3,715 contracts traded and a turnover of Rs 244.15 lakhs. The underlying value of KOTAKBANK stands at Rs 2,133.50.

In terms of performance, Kotak Mahindra Bank has outperformed its sector by 0.73% today, marking a consecutive gain over the last four days with a total return of 6.88%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the stock's liquidity remains robust, with a delivery volume of 39.75 lakhs, reflecting a 20.04% increase compared to the 5-day average.

Overall, Kotak Mahindra Bank's performance and trading activity highlight its strong position within the private sector banking industry.