Larsen & Toubro Ltd. Sees Surge in Call Options with 10,897 Contracts Traded

Larsen & Toubro Ltd. has emerged as one of the most active stocks today, particularly in the options market. The company, a significant player in the construction industry, has seen notable trading activity with 10,897 call contracts exchanged, reflecting a turnover of approximately Rs 1,040.06 lakhs. The options have an expiry date set for August 28, 2025, with a strike price of Rs 3,700, and an open interest of 5,490 contracts.
In terms of performance, Larsen & Toubro has outperformed its sector by 0.97%, marking a consecutive gain over the last two days with a total return of 2.89% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the stock's delivery volume reached 12.28 lakhs on August 11, a significant increase of 44.91% compared to the 5-day average, suggesting rising investor participation.

With a market capitalization of Rs 5,09,490.00 crore, Larsen & Toubro continues to demonstrate robust liquidity, supporting a trade size of Rs 10.04 crore based on 2% of the 5-day average traded value. Overall, the activity surrounding Larsen & Toubro reflects a dynamic trading environment, underscoring its position in the market.