Mazagon Dock Shipbuilders Ltd Sees Surge in Call Options with 11,334 Contracts at Rs 2900

Mazagon Dock Shipbuilders Ltd, a prominent player in the Aerospace & Defense sector, has emerged as one of the most active stocks today. The company’s underlying stock, MAZDOCK, has seen significant trading activity, particularly in call options with expiry set for August 28, 2025. Notably, the call option with a strike price of Rs 2800 recorded 11,161 contracts traded, resulting in a turnover of approximately Rs 1,331.67 lakhs, while the Rs 2900 strike price option saw 11,334 contracts traded with a turnover of Rs 631.53 lakhs.
The underlying value of MAZDOCK stands at Rs 2824.5, reflecting a solid market position. The stock has been on an upward trajectory, gaining 3.8% over the past four days, with a notable intraday high of Rs 2841.4, marking a 2.47% increase today. Performance metrics indicate that the stock is currently above its 5-day, 20-day, and 200-day moving averages, although it remains below the 50-day and 100-day averages.

With an open interest of 2,362 for the Rs 2800 strike and 2,635 for the Rs 2900 strike, investor participation appears robust, evidenced by a delivery volume of 2.63 lakhs on August 20, which is up 4.76% compared to the 5-day average. Overall, Mazagon Dock Shipbuilders Ltd continues to demonstrate strong trading activity and performance within its sector.