Surge in Call Option Activity: Mahindra & Mahindra Sees 7,645 Contracts at Rs 3200 Strike

Mahindra & Mahindra Ltd, a prominent player in the automobiles 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 3199.9, has seen notable movements in its options market, particularly for contracts expiring on 31-Jul-2025 and 28-Aug-2025.
Among the most actively traded options, the call option with a strike price of Rs 3200 recorded the highest volume, with 7,645 contracts traded and a turnover of Rs 1,521.36 lakhs. This was closely followed by the Rs 3300 strike price option, which saw 5,888 contracts traded, generating a turnover of Rs 729.29 lakhs. The Rs 3250 strike price option also attracted attention, with 3,990 contracts traded and a turnover of Rs 37.11 lakhs.

Despite the heightened activity in the options market, Mahindra & Mahindra's stock has underperformed its sector by 0.74% today, with a 1D return of -1.45%. The stock has been gaining for the last day, although it touched an intraday low of Rs 3135.6. Notably, the stock remains above its 50-day, 100-day, and 200-day moving averages, indicating a mixed performance trend.

Overall, the trading dynamics surrounding Mahindra & Mahindra reflect a robust engagement in its options market, underscoring the stock's active status in the current financial landscape.