Larsen & Toubro Call Options Surge: 7,094 Contracts at Rs 3,800 Strike Traded

Larsen & Toubro Ltd. (LT), a prominent player in the construction industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options, set to expire on October 28, 2025, with a strike price of Rs 3,800, have seen significant trading activity, with 7,094 contracts exchanged, resulting in a turnover of approximately Rs 618.99 lakhs. The open interest stands at 6,982 contracts, indicating robust market engagement.
In terms of performance, Larsen & Toubro has shown a slight underperformance relative to its sector, with a decline of 0.33%. However, the stock has been on a positive trajectory over the past two days, gaining 0.89% during this period. The trading range has been relatively narrow, fluctuating by Rs 34.1. Notably, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong position in the market.

Despite a recent decline in delivery volume, which fell by 22.92% compared to the 5-day average, the stock remains liquid, accommodating trade sizes of Rs 12.35 crore. With a market capitalization of Rs 5,16,370 crore, Larsen & Toubro continues to be a significant entity in the construction sector. Overall, the activity surrounding its options reflects ongoing interest in the stock, underscoring its relevance in the current market landscape.