Suzlon Energy Ltd Sees Surge in Call Options with 5,255 Contracts Traded at Rs 70 Strike

Suzlon Energy Ltd, a prominent player in the Heavy Electrical Equipment sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options, set to expire on August 28, 2025, with a strike price of Rs 70, saw a significant trading volume of 5,255 contracts, contributing to a turnover of Rs 151.344 lakhs. The underlying value of Suzlon stands at Rs 60.84, indicating a notable interest in the stock despite recent performance challenges.
Today, Suzlon Energy has underperformed its sector by 0.94%, continuing a downward trend with a decline of 3.46% over the past two days. The stock reached an intraday low of Rs 60.5, reflecting a decrease of 4.17%. The weighted average price suggests that more volume was traded closer to this low price, indicating potential liquidity concerns.

Despite these challenges, the stock remains above its 200-day moving average, although it is currently below the 5-day, 20-day, 50-day, and 100-day moving averages. The renewable energy sector, in which Suzlon operates, has also faced a decline of 2.38%. Notably, there has been a rise in investor participation, with delivery volumes increasing by 47.69% compared to the 5-day average.

In summary, while Suzlon Energy is experiencing a challenging trading day, the significant activity in its options market highlights ongoing interest in the stock amidst broader sector trends.