Life Insurance Corporation of India Sees Surge in Call Options with 8,865 Contracts at Rs 910 Strike

Life Insurance Corporation of India (LICI) has emerged as one of the most active stocks in the market today, particularly in the options segment. The stock, which operates in the insurance industry and boasts a large market capitalization of Rs 5,83,765.66 crore, has seen significant trading activity in call options with various strike prices.
Notably, the call option with a strike price of Rs 900, expiring on June 26, 2025, recorded 5,251 contracts traded, generating a turnover of Rs 11.89 crore. Meanwhile, several options expiring on May 29, 2025, also attracted attention, with the Rs 940 strike price seeing 7,058 contracts traded and a turnover of Rs 2.24 crore. The highest activity was noted in the Rs 910 strike price call, which had 8,865 contracts traded and a turnover of Rs 6.30 crore.

The underlying value of LICI stands at Rs 923.5, and the stock has outperformed its sector by 5% today. It has gained 8.43% over the last four days, with an opening gap up of 2.38% and an intraday high of Rs 917, reflecting a 5.25% increase. Additionally, LICI is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock's liquidity remains robust, with a delivery volume of 8.05 lakh shares, marking a 108.72% increase compared to the 5-day average.

In summary, LICI's notable activity in both stock and options trading highlights its strong market position and performance metrics, reflecting a positive trend in the insurance sector.