LTI Mindtree Ltd Sees 6,608 Active Call Options at Rs 5,100 Strike Price

LTI Mindtree Ltd, a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active stocks today, reflecting significant trading activity. The stock, trading under the symbol LTIM, has seen a notable surge in call options, with 6,608 contracts traded for a strike price of Rs 5,100, resulting in a turnover of approximately Rs 985.80 lakhs. The current underlying value stands at Rs 5,090.90, indicating a robust market position.
Today, LTI Mindtree outperformed its sector by 0.35%, reaching an intraday high of Rs 5,130, which represents a 2.19% increase. The stock's performance metrics reveal that it is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

Despite a decline in investor participation, with delivery volume dropping by 47.53% compared to the 5-day average, the stock maintains sufficient liquidity for trades up to Rs 2.55 crore, based on 2% of the 5-day average traded value.

In summary, LTI Mindtree's active trading today highlights its dynamic presence in the market, characterized by significant option activity and a solid performance relative to its sector.