Surge in Mahindra & Mahindra Call Options: 25,672 Contracts at 3700 Strike Price Trade

Mahindra & Mahindra Ltd (M&M), a prominent player in the automobiles sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s stock has seen significant trading activity, with multiple call options expiring on September 30, 2025, attracting considerable interest.
Among the notable options, the call option with a strike price of 3600 led the way, with 19,936 contracts traded and a turnover of approximately Rs 4,762.31 lakhs. Following closely, the 3700 strike price option recorded 25,672 contracts traded, resulting in a turnover of Rs 3,765.06 lakhs. Other active options included the 3650 and 3800 strike prices, with 13,827 and 18,277 contracts traded, respectively.

The underlying stock value for M&M stands at Rs 3,702.4, which is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Today, M&M reached a new 52-week high of Rs 3,723.8 but has experienced a slight decline of 0.46% in its 1-day return, contrasting with a sector return of -0.22%. The stock's liquidity remains robust, with a delivery volume of 25.3 lakhs on September 8, reflecting a 19.45% increase compared to the 5-day average.

In summary, Mahindra & Mahindra's active trading in options highlights its significant market presence and investor engagement, despite a minor pullback in stock performance today.