Maruti Suzuki's Call Options Surge: 33,620 Contracts at Rs 11,700 Strike Price

Maruti Suzuki India Ltd, a prominent player in the passenger car segment, has emerged as one of the most active stocks today. The company, with a market capitalization of Rs 3,67,756.69 crore, is witnessing significant trading activity in its call options, particularly with an expiry date set for April 24, 2025. The call option with a strike price of Rs 11,700 has seen 33,620 contracts traded, resulting in a turnover of approximately Rs 1,091.84 lakh and an open interest of 6,042 contracts.
In terms of price performance, Maruti Suzuki's stock is currently valued at Rs 11,769. The stock has experienced a slight decline of 0.41% today, contrasting with a sector return of 0.11% and a Sensex return of 0.16%. Notably, the stock has fallen after two consecutive days of gains, trading within a narrow range of Rs 108. While the stock's moving averages indicate it is above the 5-day and 20-day averages, it remains below the 50-day, 100-day, and 200-day moving averages.

Investor participation appears to be waning, with a delivery volume of 1.83 lakh on April 21, reflecting a decrease of 6.34% compared to the 5-day average. Despite this, the stock maintains sufficient liquidity for trades around Rs 6.44 crore, indicating a stable trading environment. Overall, Maruti Suzuki continues to be a focal point in the automobile sector, reflecting the dynamic nature of market activity.