Surge in Maruti Suzuki Call Options: 13,638 Contracts at Rs 12,800 Strike Price

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, has seen significant activity with 13,638 call contracts traded, reflecting a turnover of approximately Rs 40.30 lakhs. The options have an expiry date set for June 26, 2025, with a strike price of Rs 12,800.
Currently, the underlying value of Maruti Suzuki stands at Rs 12,734. The stock has been experiencing a slight decline, with a 1-day return of -0.20%, aligning closely with the sector's performance, which reported a marginal increase of 0.02%. Over the past day, the stock has traded within a narrow range of Rs 94, indicating limited volatility.

Despite the recent downturn, Maruti Suzuki's stock price remains above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. Additionally, the open interest for the options stands at 5,693 contracts, suggesting a moderate level of investor engagement. However, delivery volume has decreased by 9.79% compared to the 5-day average, indicating a potential decline in investor participation.

In summary, Maruti Suzuki India Ltd continues to be a focal point in the market, with notable trading activity in its options, reflecting the dynamics of the current financial landscape.