SBI Life Insurance Sees 34,423 Call Contracts at Rs 1920 Strike Price

SBI Life Insurance Company Ltd has emerged as one of the most active stocks in the market today, particularly in the options segment. The company, operating within the large-cap insurance industry, has seen significant trading activity in call options with expiry set for October 28, 2025. Notably, the call option with a strike price of Rs 1900 recorded 21,403 contracts traded, generating a turnover of approximately Rs 1,127.67 lakhs, while the Rs 1920 strike price option saw 34,423 contracts traded, with a turnover of around Rs 946.20 lakhs.
The underlying value of SBI Life stands at Rs 1903.9, which is just 0.23% shy of its 52-week high of Rs 1923.9. The stock has outperformed its sector by 0.69% today and has shown a consistent upward trend, gaining 4.33% over the last two days. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum.

Investor participation has also increased, with a delivery volume of 10.54 lakhs on October 27, reflecting a 189.97% rise compared to the 5-day average. The stock's liquidity remains robust, accommodating trades of up to Rs 3.6 crore based on 2% of the 5-day average traded value. Overall, SBI Life's performance metrics highlight its strong market position and active trading environment.