Maruti Suzuki's Rs 16,500 Call Options Lead with 5,800 Contracts Traded

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 call options for the expiry date of September 30, 2025, have seen significant trading activity across various strike prices.
Notably, the call option with a strike price of Rs 16500 recorded the highest number of contracts traded at 5,800, contributing to a turnover of Rs 87.52 lakhs and an open interest of 7,751 contracts. Following closely, the strike price of Rs 16300 saw 5,044 contracts traded, with a turnover of Rs 147.36 lakhs and an open interest of 3,089. The Rs 16400 strike price had 4,558 contracts traded, generating a turnover of Rs 99.59 lakhs, while the Rs 16200 strike price recorded 3,960 contracts traded with a turnover of Rs 166.87 lakhs.

In terms of performance, Maruti Suzuki is currently trading just 1.38% away from its 52-week high of Rs 16,435. However, it has underperformed its sector by 0.7% today, with a 1-day return of -0.53%. Despite this, the stock remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend.

Overall, Maruti Suzuki's strong options activity reflects its significant market presence, while the stock's recent performance metrics highlight a complex interplay of trends in the current trading environment.