Mahindra & Mahindra Sees Surge in Call Options with 7,281 Contracts 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 trading activity in its call options. The stock, currently valued at Rs 3,254.1, has seen notable movements in its options market, particularly for contracts expiring on September 30, 2025. The call option with a strike price of Rs 3,300 recorded a substantial trading volume of 7,281 contracts, generating a turnover of Rs 1,209.16 lakhs and an open interest of 3,371 contracts. Meanwhile, the Rs 3,400 strike price call option also attracted attention, with 3,872 contracts traded and a turnover of Rs 343.48 lakhs, alongside an open interest of 3,487 contracts. In terms of performance metrics, Mahindra & Mahindra has outperformed its sector by 0.72% today, with a 1.01% return compared to a 0.21% return for the sector and a slight decline of 0.05% in the Sensex. The stock is currently trading above its 50-day, 100-day, and 200-day moving averages, although it remains below its 5-day and 20-day moving averages. Despite a decrease in delivery volume, which fell by 22.09% against the 5-day average, the stock maintains adequate liquidity for trading, with a capacity for a trade size of Rs 21.81 crore. Overall, Mahindra & Mahindra's activity today highlights its dynamic position within the market, driven by robust trading in its options.