Lupin Ltd. Sees Surge with 4,800 Active Call Options at Rs 2,100 Strike Price

Lupin Ltd., a prominent player in the Pharmaceuticals & Drugs sector, has emerged as one of the most active stocks today, reflecting significant market engagement. The stock, trading under the ticker LUPIN, has seen a notable increase in activity with 4,800 call contracts traded, resulting in a turnover of approximately Rs 1,137.39 lakhs. The options have an expiry date set for May 29, 2025, with a strike price of Rs 2,100 and an open interest of 2,709 contracts.
In terms of performance, Lupin has outperformed its sector by 0.69%, marking a consecutive gain over the last five days with a total return of 3.27%. Today, the stock reached an intraday high of Rs 2,118.90, reflecting a 2.29% increase. The stock's current value stands at Rs 2,079.00, which is above the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Investor participation has also risen, with a delivery volume of 644,000 shares on May 14, up 53.29% compared to the 5-day average. The liquidity of the stock is robust, accommodating trade sizes of Rs 2.26 crore based on 2% of the 5-day average traded value. Overall, Lupin Ltd. continues to demonstrate strong market activity and performance metrics, underscoring its position in the large-cap segment of the pharmaceuticals industry.