Laurus Labs Ltd Sees Surge in Active Call Options with 28,543 Contracts at Rs 900 Strike

Laurus Labs Ltd, a prominent player in the Pharmaceuticals & Biotechnology sector, has emerged as one of the most active stocks today. The company’s underlying stock, LAURUSLABS, has seen significant trading activity, particularly in call options set to expire on July 31, 2025. A total of 28,543 contracts were traded at a strike price of Rs 900, resulting in a turnover of approximately Rs 45.51 crore. The open interest stands at 1,162 contracts, indicating ongoing interest in this option.
Currently, the underlying value of Laurus Labs is Rs 886.5, which places it just 2.29% away from its 52-week high of Rs 901.5. Despite this proximity to its peak, the stock has underperformed its sector by 1.1% today, reflecting a 1.11% decline in its one-day return. This marks a trend reversal after three consecutive days of gains.

On a positive note, Laurus Labs is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong long-term performance trend. Additionally, the stock has experienced a notable increase in delivery volume, rising by 280.86% against the 5-day average, indicating heightened investor participation. Overall, Laurus Labs continues to demonstrate significant activity in the market, underscoring its position within the large-cap segment of the industry.