Laurus Labs Call Options Surge: 12,064 Contracts at Rs 940 Strike Traded Today

Laurus Labs Ltd, a mid-cap player in the Pharmaceuticals & Biotechnology sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options for expiry on October 28, 2025, have seen significant trading activity, with 12,064 contracts traded at a strike price of Rs 940, resulting in a turnover of approximately Rs 1,607.89 lakhs. Additionally, another call option at a strike price of Rs 950 recorded 13,197 contracts traded, contributing a turnover of around Rs 1,240.65 lakhs. The open interest for these options stands at 1,173 and 1,220, respectively.
Currently, Laurus Labs is valued at Rs 931.35, just 1.57% shy of its 52-week high of Rs 944. However, the stock has experienced a trend reversal, declining after four consecutive days of gains, with an intraday low of Rs 902.35, reflecting a decrease of 3.43%. Despite this dip, the stock remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Notably, the delivery volume has surged to 13.07 lakhs, marking a 76.22% increase compared to the 5-day average, suggesting rising investor participation. Overall, Laurus Labs continues to demonstrate liquidity and active trading dynamics in the market.