Surge in Mahindra & Mahindra Call Options: 14,468 Contracts at Rs 3,100 Strike

Mahindra & Mahindra Ltd, a prominent player in the automobiles sector, has emerged as one of the most active stocks today. The company’s call options, set to expire on June 26, 2025, have seen significant trading activity, with 14,468 contracts exchanged at a turnover of approximately Rs 1,832.66 lakhs. The strike price for these options is set at Rs 3,100, while the underlying value currently stands at Rs 3,104.4, indicating a close alignment with the market price.
Today, Mahindra & Mahindra has outperformed its sector by 0.91%, marking a notable trend reversal after two consecutive days of decline. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a positive momentum in its performance metrics. However, it is worth noting that investor participation has decreased, with a delivery volume of 109,300 shares on June 10, down 15.12% compared to the 5-day average.

With a market capitalization of Rs 3,85,344.71 crore, Mahindra & Mahindra continues to maintain a strong position in the large-cap segment of the market. Overall, the stock's activity today highlights its resilience and ongoing relevance in the automotive industry.