Larsen & Toubro Ltd. Sees Surge in Call Options with 11,157 Contracts at ₹3600 Strike
Larsen & Toubro Ltd. has become one of the most actively traded stocks, particularly in call options expiring on May 29, 2025. Significant trading activity was noted across various strike prices, with notable volumes and turnover. The stock has shown strong performance, reflecting its robust market position.
Larsen & Toubro Ltd. (LT), a prominent player in the Capital Goods sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The options set to expire on May 29, 2025, have seen notable interest, particularly at various strike prices. The call option with a strike price of 3600 led the activity with 11,157 contracts traded, generating a turnover of approximately Rs 590.26 lakhs and an open interest of 3,387 contracts. Other active strike prices included 3440, with 8,399 contracts traded and a turnover of Rs 1,274.46 lakhs, and 3700, which saw 6,042 contracts traded for a turnover of Rs 141.26 lakhs. The underlying value of LT is currently at Rs 3,453.90, and the stock has outperformed its sector by 2.74% today, marking a consecutive gain of 3.85% over the last two days.
The stock reached an intraday high of Rs 3,477, reflecting a 4.61% increase. Additionally, it remains liquid enough for trades sized at Rs 2.81 crore, with delivery volume rising significantly. Overall, Larsen & Toubro's performance today highlights its strong market position and active trading environment.
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