MCX Sees Surge in Call Options with 9,037 Contracts Traded at Rs 8,000 Strike

Multi Commodity Exchange of India Ltd (MCX) has emerged as one of the most active stocks today, particularly in the options market. The stock, which operates within the capital markets industry, has seen significant trading activity with 9,037 call contracts traded, resulting in a turnover of approximately Rs 1,804.91 lakhs. The options have an expiry date set for September 30, 2025, with a strike price of Rs 8,000.
As of the latest data, the underlying value of MCX stands at Rs 7,755.50. The stock has notably outperformed its sector by 3.69% today, marking a trend reversal after three consecutive days of decline. It reached an intraday high of Rs 7,805, reflecting a gain of 5.62%.

In terms of performance metrics, MCX's stock return for the day is recorded at 4.94%, while the sector and Sensex returns are at 1.33% and 0.41%, respectively. The stock's liquidity remains robust, with a delivery volume of 279,000 shares on August 29, which is a 62.27% increase compared to the five-day average. Additionally, the stock is trading above its 100-day and 200-day moving averages, although it remains below the shorter-term moving averages of 5, 20, and 50 days.

In summary, MCX's notable trading activity today highlights its dynamic position in the market, driven by increased investor participation and a significant recovery from recent declines.