Surge in Active Call Options for One 97 Communications with 12,165 Contracts at 1060 Strike

One 97 Communications Ltd, the parent company of PAYTM, has emerged as one of the most active stocks in the financial technology sector today. The stock has seen significant activity in its call options, particularly for the expiry date of July 31, 2025. Notably, the call option with a strike price of 1060 recorded the highest number of contracts traded at 12,165, generating a turnover of approximately Rs 2,220.78 lakhs. This was closely followed by the 1100 strike price option, which saw 13,074 contracts traded and a turnover of Rs 1,230.33 lakhs.
The underlying value of PAYTM is currently at Rs 1,029.95, with the stock hitting a new 52-week high of Rs 1,089 today. Despite a strong opening gap up of 2.89%, the stock has experienced a trend reversal, falling after three consecutive days of gains. It outperformed its sector by 0.63% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Investor participation has notably increased, with a delivery volume of 30.56 lakhs on July 22, reflecting a rise of 168.27% compared to the 5-day average. The liquidity remains robust, supporting a trade size of Rs 10.05 crores based on 2% of the 5-day average traded value. Overall, One 97 Communications continues to demonstrate strong market activity and investor engagement.