Lupin Ltd. Sees Surge in Call Options Activity: 5,294 Contracts at Rs 1900 Strike

Lupin Ltd., a prominent player in the Pharmaceuticals and Biotechnology sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, currently valued at Rs 1922.7, has shown resilience by outperforming its sector by 3.53% despite recent volatility.
Today, two notable call options for Lupin have garnered attention, both set to expire on August 28, 2025. The call option with a strike price of Rs 2000 saw 5,005 contracts traded, generating a turnover of approximately Rs 552.84 lakhs, while the Rs 1900 strike price option recorded 5,294 contracts traded with a turnover of Rs 1,526.14 lakhs. Open interest for these options stands at 1,446 and 1,850 contracts, respectively, indicating ongoing interest among traders.

The stock has experienced a trend reversal, gaining after two consecutive days of decline, with an intraday high of Rs 1939.9, marking a 4.76% increase. Additionally, it is trading above its 5-day moving averages but remains below the longer-term averages of 20, 50, 100, and 200 days. The delivery volume has also increased, reflecting rising investor participation, with a liquidity level sufficient for trades around Rs 5.86 crore.

In summary, Lupin Ltd. continues to attract attention in the market, driven by active trading in its options and a notable performance today amidst broader market challenges.