Surge in Active Call Options: 10,392 Contracts for Oracle Financial at Rs 9,300 Strike

Oracle Financial Services Software Ltd (OFSS) has emerged as one of the most active stocks today, particularly in the options market. The company, operating within the Software Products industry, has seen significant trading activity with 10,392 call contracts traded, resulting in a turnover of approximately Rs 1,497.87 lakhs. The options have a strike price of Rs 9,300 and are set to expire on June 26, 2025, with an open interest of 1,329 contracts.
In terms of performance, Oracle Financial Services has outperformed its sector by 0.73%, marking a notable trend with consecutive gains over the past five days, yielding a total return of 11.69%. The stock reached an intraday high of Rs 9,438, reflecting a 3.02% increase for the day. Additionally, the stock's current value stands at Rs 9,333.5, which is higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Investor participation has also risen, with a delivery volume of 1.12 lakhs on June 9, indicating an 85.64% increase compared to the 5-day average. The liquidity of the stock remains robust, supporting a trade size of Rs 3.89 crore, based on 2% of the 5-day average traded value. Overall, Oracle Financial Services Software Ltd continues to demonstrate strong market activity and performance metrics, reflecting its solid position within the large-cap segment.