Kotak Mahindra Bank Sees Surge in Call Options with 35,775 Contracts at Rs 2,000 Strike

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 with multiple call options set to expire on July 31, 2025. Notably, the call option with a strike price of 2000 recorded the highest volume, with 35,775 contracts traded and a turnover of approximately Rs 2,225.21 lakhs. This was followed closely by the 2040 strike price option, which saw 22,046 contracts traded and a turnover of Rs 591.71 lakhs. The 2020 strike price option also contributed with 19,756 contracts and a turnover of Rs 768.11 lakhs.
The underlying value of KOTAKBANK is currently at Rs 1,968.70. In terms of performance, the stock has outperformed its sector by 0.7%, although it has experienced a slight decline of 0.23% today. The stock's moving averages indicate it is above the 200-day average but below the shorter-term averages, suggesting mixed momentum. Additionally, the stock's liquidity remains robust, with a delivery volume of 85.68 lakhs on July 28, reflecting a significant increase of 458.98% compared to the five-day average.

In summary, Kotak Mahindra Bank's options activity today highlights a dynamic trading environment, with substantial volumes and turnover across various strike prices, while the stock continues to navigate its performance metrics in the broader market context.