Surge in Active Call Options: 5,388 Contracts at Rs 3,000 for Mazagon Dock

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 asset, MAZDOCK, has seen significant trading activity, particularly in call options with expiry set for July 31, 2025. Notably, 5,388 contracts were traded at a strike price of Rs 3,000, generating a turnover of Rs 29.42 lakhs, while another 5,885 contracts were traded at a strike price of Rs 2,800, resulting in a turnover of Rs 178.37 lakhs. The open interest for these options stands at 2,068 and 1,017, respectively.
Despite this activity, Mazagon Dock has underperformed its sector by 3.7%, with the stock experiencing a consecutive decline over the past three days, totaling a drop of 10.44%. Today, it opened down by 3.38% and reached an intraday low of Rs 2,645.90, reflecting a decrease of 5.16%. The stock is currently trading above its 200-day moving average but below its 5, 20, 50, and 100-day moving averages.

Investor participation has shown a slight uptick, with a delivery volume of 461,000 shares on July 28, marking an increase of 8.43% compared to the five-day average. The stock's liquidity remains robust, accommodating a trade size of Rs 9.16 crore based on 2% of the five-day average traded value. Overall, Mazagon Dock's current trading dynamics highlight a complex interplay of market activity and performance metrics.