One 97 Communications Sees Surge with 10,039 Active Call Options at Rs 1,100 Strike

One 97 Communications Ltd, operating in the Financial Technology (Fintech) sector, has emerged as one of the most active stocks today, particularly with its call options for the underlying asset, PAYTM. The options set to expire on July 31, 2025, have seen significant trading activity, with 10,039 contracts exchanged and a turnover of approximately Rs 1,147.78 lakhs. The strike price for these options is set at Rs 1,100, while the underlying value currently stands at Rs 1,106.7, indicating a robust interest in this financial instrument.
Today, One 97 Communications has outperformed its sector by 2.81%, with a notable intraday high of Rs 1,109.65, reflecting a 3.92% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. However, it is important to note a decline in investor participation, as the delivery volume on July 25 was 20.04 lakhs, down 34.21% compared to the 5-day average.

Despite these fluctuations, One 97 Communications remains liquid, with a trade size of Rs 28.05 crore based on 2% of the 5-day average traded value. The stock is also close to its 52-week high, just 2.34% away from Rs 1,128.5. Overall, the activity surrounding One 97 Communications highlights its current market position and performance metrics in the fintech landscape.