Lodha Developers Ltd Sees Surge in Active Call Options with 7,138 Contracts Traded

Lodha Developers Ltd, a prominent player in the realty sector, has emerged as one of the most active stocks today, reflecting significant market engagement. The stock, trading under the ticker LODHA, has seen a notable uptick, outperforming its sector by 2.1%. After a five-day decline, Lodha Developers has reversed its trend, gaining 2.59% today, with an intraday high of Rs 1256, marking a 4.39% increase.
In the options market, the call options expiring on July 31, 2025, with a strike price of Rs 1260, have attracted considerable attention, with 7,138 contracts traded and a turnover of Rs 482.46 lakhs. The open interest stands at 1,010 contracts, indicating ongoing interest in this option. The underlying value of the stock is currently at Rs 1249.2.

Despite today's positive movement, Lodha Developers is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a cautious outlook in the broader context. Additionally, the stock's liquidity remains robust, with a delivery volume of 35.03 lakhs on July 28, reflecting a 20.74% increase compared to the five-day average.

In summary, Lodha Developers Ltd is experiencing heightened activity, driven by a combination of market dynamics and investor participation, while still navigating a complex trading environment.