Shree Cement Sees Surge in Active Call Options with 20,908 Contracts at Rs 31,000 Strike

Shree Cement Ltd. has emerged as one of the most active stocks today, particularly in the options market. The company, operating in the Cement & Cement Products industry, has seen significant trading activity in call options set to expire on June 26, 2025. Notably, the call option with a strike price of Rs 30,000 led the activity with 15,366 contracts traded, resulting in a turnover of Rs 410.54 lakhs. Following closely, the Rs 31,000 strike price option recorded 20,908 contracts traded, contributing Rs 73.49 lakhs to the turnover.
The underlying value of Shree Cement stands at Rs 30,130, which is just 4.97% away from its 52-week high of Rs 31,920. The stock has outperformed its sector by 0.7% today, marking a consecutive gain over the last three days with a total return of 6.68% during this period. Additionally, Shree Cement is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite a decline in delivery volume, which fell by 47.22% against the 5-day average, the stock remains liquid enough for trades sized at Rs 7.06 crore. Overall, Shree Cement's performance today reflects robust activity and a solid market position within the cement industry.