Sona BLW Precision Forgings Sees Surge in Call Options with 11,529 Contracts at 500 Strike

Sona BLW Precision Forgings Ltd has emerged as one of the most active stocks today, particularly in the options market. The company, operating in the Auto Components & Equipment industry, has seen significant trading activity in call options set to expire on July 31, 2025. Notably, the strike price of 470 witnessed 9,337 contracts traded, generating a turnover of approximately Rs 1,817.63 lakhs, with an open interest of 442 contracts. The 480 strike price options saw even more activity, with 11,087 contracts traded and a turnover of Rs 1,717.10 lakhs, while open interest stood at 746. The 500 strike price options also attracted attention, with 11,529 contracts traded and a turnover of Rs 1,158.49 lakhs, reflecting an open interest of 1,515.
In terms of stock performance, Sona BLW Precision Forgings outperformed its sector by 8.48%, reaching an intraday high of Rs 494, which is an increase of 8.56%. The stock's weighted average price indicates that more volume was traded closer to its low price. While the stock is currently above its 5-day, 20-day, and 100-day moving averages, it remains below the 50-day and 200-day averages. However, there has been a decline in investor participation, with delivery volume dropping by 15.63% compared to the 5-day average. Overall, Sona BLW Precision Forgings Ltd continues to show robust activity in the market, reflecting its significant position within the large-cap segment, with a market capitalization of Rs 30,327.55 crore.