Surge in Mahindra & Mahindra Call Options: 14,524 Contracts Traded at Rs 3,300 Strike

Mahindra & Mahindra Ltd, a prominent player in the automobiles sector, has emerged as one of the most active stocks today, reflecting significant market engagement. The company’s call options, set to expire on August 28, 2025, have seen robust trading activity, with 14,524 contracts exchanged at a turnover of Rs 1,539.54 lakhs. The strike price for these options is set at Rs 3,300, while the underlying value currently stands at Rs 3,293.4, just 0.3% shy of its 52-week high of Rs 3,303.
In terms of performance, Mahindra & Mahindra has outperformed its sector by 0.68%, marking a notable 1.78% return for the day. The stock has been on a positive trajectory, gaining for three consecutive days and accumulating a total return of 4.73% during this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also increased, with a delivery volume of 21.6 lakhs on August 12, reflecting a 53.77% rise compared to the 5-day average. The stock's liquidity remains favorable, accommodating a trade size of Rs 14.86 crore based on 2% of the 5-day average traded value. Overall, Mahindra & Mahindra's current market activity underscores its solid position within the large-cap segment of the automobile industry.