Kotak Mahindra Bank Call Options Surge with 7,513 Contracts at Rs 2100 Strike Price

Kotak Mahindra Bank Ltd has emerged as one of the most active stocks today, particularly in the options market. The bank's underlying stock, KOTAKBANK, has seen significant trading activity with 7,513 call contracts exchanged, resulting in a turnover of approximately Rs 582.11 lakhs. The options set to expire on October 28, 2025, have a strike price of Rs 2,100, while the underlying value currently stands at Rs 2,045.1, indicating a robust interest in the stock.
In terms of performance, Kotak Mahindra Bank has outperformed its sector by 1.06%, marking a consecutive gain over the last two days with a total return of 2.67%. The stock reached an intraday high of Rs 2,045.6, reflecting a 2.65% increase during the trading session. Notably, the stock's price is above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.

Investor participation has also seen a rise, with delivery volume reaching 37.15 lakhs on September 30, a 25.48% increase compared to the 5-day average. The liquidity of the stock remains strong, accommodating a trade size of Rs 16.93 crores based on 2% of the 5-day average traded value. Overall, Kotak Mahindra Bank's performance today highlights its active engagement in the market, reflecting underlying trends in investor interest and trading dynamics.