Surge in Call Options: 17,437 Contracts for Maruti Suzuki at Rs 13,000 Strike Price

Maruti Suzuki India Ltd, a prominent player in the Automobiles - Passenger Cars sector, has emerged as one of the most active stocks today. The company’s underlying stock, MARUTI, is currently trading at Rs 12,963, reflecting a notable performance with a 2.16% increase in its one-day return. Over the past two days, the stock has gained 4.05%, indicating a positive trend in its performance.
Today, Maruti Suzuki saw significant activity in its call options, with 17,437 contracts traded for a strike price of Rs 13,000, resulting in a turnover of approximately Rs 1,014.75 lakhs. The open interest stands at 5,109 contracts, suggesting a robust interest in this option. The stock's intraday high reached Rs 13,023, marking a 2.79% increase during the trading session.

In terms of liquidity, Maruti Suzuki has demonstrated a delivery volume of 199,000 shares on May 14, which is a 20.42% increase compared to its five-day average. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further solidifying its strong market position. The overall performance of the Automobiles - Passenger Cars sector has also been positive, with a gain of 2.32% today.

In summary, Maruti Suzuki's active trading and solid performance metrics highlight its significant role in the market, reflecting a favorable environment for the stock within its industry.