Siemens Ltd. Sees Surge in Active Call Options with 14,634 Contracts at Rs 3,300 Strike

Siemens Ltd., a prominent player in the Heavy Electrical Equipment industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, SIEMENS, is currently valued at Rs 3,273.4. Notably, the stock has shown resilience, gaining 0.86% today, outperforming its sector, which saw a slight decline of 0.05%.
Today, a significant number of call options were traded, with 14,634 contracts exchanged at a strike price of Rs 3,300, resulting in a turnover of approximately Rs 523.41 lakhs. The open interest stands at 4,415 contracts, indicating ongoing interest in these options.

Siemens has experienced a trend reversal, gaining after two consecutive days of decline. The stock's performance metrics reveal that it is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. However, there has been a noted decrease in investor participation, with delivery volume dropping by 17.58% compared to the 5-day average.

In summary, Siemens Ltd. continues to demonstrate notable activity in the market, reflecting both its current performance and the dynamics of investor engagement.