Kotak Mahindra Bank's Call Options Surge: 7,550 Contracts at Rs 2000 Strike Price

Kotak Mahindra Bank Ltd, a prominent player in the private sector banking industry, has emerged as one of the most active stocks today. The stock, trading under the symbol KOTAKBANK, has seen significant activity in its call options, particularly with a notable expiry date set for September 30, 2025. The call option with a strike price of Rs 2000 recorded a substantial trading volume of 7,550 contracts, contributing to a turnover of Rs 706.03 lakhs. The open interest for this option stands at 6,300 contracts, indicating a robust interest among traders.
In terms of performance, Kotak Mahindra Bank has outperformed its sector by 0.82%, with a 1.08% return on the day. The stock has traded within a narrow range of Rs 17.8, reflecting a stable trading environment. Currently, the underlying value of the stock is Rs 1991.4, which is higher than both the 5-day and 20-day moving averages, although it remains below the longer-term moving averages of 50, 100, and 200 days.

Despite a decline in delivery volume by 22.61% compared to the 5-day average, the stock maintains sufficient liquidity for trades, with a liquid threshold of Rs 17.18 crore based on 2% of the 5-day average traded value. Overall, Kotak Mahindra Bank's current trading dynamics highlight its active status in the market, reflecting both investor engagement and market positioning.