Kotak Mahindra Bank's Rs 2100 Call Sees 4,162 Contracts Traded Ahead of Expiry

Kotak Mahindra Bank Ltd has emerged as one of the most active stocks today, reflecting significant trading activity in the options market. The underlying asset, KOTAKBANK, has seen a notable surge in call options, with 4,162 contracts traded at a strike price of Rs 2,100, resulting in a turnover of approximately Rs 626.46 lakhs. The open interest stands at 3,012, indicating a robust interest in these options ahead of the expiry date on October 28, 2025.
In terms of performance, Kotak Mahindra Bank has outperformed its sector by 0.81%, marking a consecutive gain over the last three days with a total return of 4.24% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. Additionally, the stock's delivery volume has increased significantly, with 45.94 lakhs traded on October 1, reflecting a 54.36% rise compared to the 5-day average.

With an underlying value of Rs 2,085.80, Kotak Mahindra Bank continues to demonstrate liquidity, accommodating trade sizes of Rs 19.54 crores based on 2% of the 5-day average traded value. Overall, the activity surrounding Kotak Mahindra Bank highlights its strong market position within the private sector banking industry.