Surge in Call Options: Maruti Suzuki Sees 6,470 Contracts at Rs 14,400 Strike

Maruti Suzuki India Ltd, 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 underlying stock, MARUTI, saw significant activity with 6,470 call contracts traded, resulting in a turnover of Rs 206.23 lakhs. The options have an expiry date set for August 28, 2025, with a strike price of Rs 14,400. The open interest stands at 3,844 contracts, indicating a robust interest in this option.
Today, Maruti Suzuki reached a new 52-week high of Rs 14,425, reflecting its strong market position. However, the stock has experienced a trend reversal, falling after two consecutive days of gains. Despite this, it continues to trade above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive performance trend.

Investor participation has seen a decline, with delivery volume dropping by 42.88% compared to the 5-day average, totaling 297,000 shares on August 22. Nevertheless, the stock remains liquid enough for a trade size of Rs 25.63 crore, based on 2% of the 5-day average traded value. Overall, Maruti Suzuki's performance today highlights its active status in the market amidst fluctuating investor engagement.