NATIONALUM Sees 5,508 Call Contracts Trade at Rs 220 Strike Amid Strong Uptrend

National Aluminium Company Ltd (NATIONALUM) has emerged as one of the most active stocks today, particularly in the Non-Ferrous Metals sector. The stock has shown significant movement, trading 5,508 call option contracts with a turnover of approximately Rs 1,592.50 lakhs. The options have an expiry date set for October 28, 2025, with a strike price of Rs 220. The underlying value of the stock is currently at Rs 224.0, indicating a robust market position.
Today, National Aluminium outperformed its sector by 1.09%, continuing a positive trend with a consecutive gain over the last four days, resulting in an impressive 11.28% return during this period. The stock reached an intraday high of Rs 223.57, reflecting a 4.23% increase. Notably, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum.

Despite a decline in delivery volume, which fell by 26.36% against the 5-day average, the stock maintains a high dividend yield of 4.9% at the current price. With a market capitalization of Rs 39,653.00 crore, National Aluminium Company continues to demonstrate liquidity, making it a notable player in the mid-cap segment of the market.