Larsen & Toubro Ltd. Sees Surge in Active Call Options with 3,859 Contracts Traded

Larsen & Toubro Ltd., a prominent player in the construction industry, has emerged as one of the most active stocks today. The company, with a market capitalization of Rs 5,04,090.00 crore, has seen significant trading activity in its call options, particularly for contracts expiring on July 31, 2025. The strike price for these options is set at Rs 3,700, with a total of 3,859 contracts traded, resulting in a turnover of Rs 3.106495 lakh and an open interest of 4,132 contracts.
Despite this activity, the stock has underperformed its sector by 0.45%, reflecting a slight decline of 0.49% in its one-day return. The stock has recently experienced a trend reversal, falling after two consecutive days of gains. It has traded within a narrow range of Rs 29 today, while maintaining a position above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Investor participation has notably increased, with a delivery volume of 51.8 lakh shares on July 30, marking a rise of 358.85% compared to the 5-day average. The liquidity of the stock remains robust, accommodating a trade size of Rs 22.69 crore based on 2% of the 5-day average traded value. Overall, Larsen & Toubro continues to be a focal point in the market, reflecting both activity and underlying trends in the construction sector.