Patanjali Foods Ltd Sees Surge in Active Call Options with 32,556 Contracts at Rs 1,800

Patanjali Foods Ltd, a prominent player in the edible oil industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, PATANJALI, has seen significant trading activity with two notable call options set to expire on July 31, 2025. The call option with a strike price of Rs 1,900 recorded 24,202 contracts traded, generating a turnover of approximately Rs 2,093.96 lakhs and an open interest of 2,536 contracts. Meanwhile, the Rs 1,800 strike price option was even more active, with 32,556 contracts traded and a turnover of Rs 5,435.22 lakhs, alongside an open interest of 1,224 contracts.
Despite this heightened activity, Patanjali Foods has underperformed its sector by 0.61% today, marking a trend reversal after six consecutive days of gains. The stock has traded within a narrow range of Rs 17.5 and currently holds an underlying value of Rs 1,850. Notably, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the longer term. Additionally, the stock has seen a significant increase in delivery volume, rising by 270.21% compared to its 5-day average, reflecting rising investor participation.

In summary, while Patanjali Foods has faced a slight decline today, its active options trading and strong moving averages suggest a dynamic market presence.