Surge in Call Options: Tube Investments Sees 14,624 Contracts at Rs 3,200 Strike

Tube Investments of India Ltd, a prominent player in the Auto Components & Equipments industry, has emerged as one of the most active stocks today. The company’s underlying stock, TIINDIA, has seen significant trading activity, particularly in call options set to expire on May 29, 2025. Notably, 14,624 contracts were traded at a strike price of Rs 3,200, contributing to a turnover of Rs 1,880.73 lakhs and an open interest of 1,073 contracts. The underlying value of the stock stands at Rs 3,208.70.
In terms of performance, Tube Investments has outperformed its sector by 4.29%, marking a consecutive gain over the last two days with a total return of 10.42%. The stock reached an intraday high of Rs 3,255, reflecting a 6.91% increase. The weighted average price indicates that more volume was traded closer to the lower price range, while the stock remains above its 5-day, 20-day, 50-day, and 100-day moving averages, although it is below the 200-day moving average.

Investor participation has also risen, with a delivery volume of 2.6 lakhs on May 16, up 51.12% compared to the 5-day average. The liquidity of the stock supports a trade size of Rs 1.56 crore, indicating a healthy trading environment. Overall, Tube Investments of India Ltd continues to demonstrate robust activity and performance metrics in the market.