UltraTech Cement has emerged as one of the most active stock calls today amid heightened options trading.

UltraTech Cement Ltd, a prominent player in the cement industry, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The company’s underlying stock, ULTRACEMCO, is currently valued at Rs 11,365.
Notably, two call options with expiry dates set for March 27, 2025, have garnered attention. The first option, with a strike price of Rs 11,400, saw 10,144 contracts traded, resulting in a turnover of approximately Rs 678.19 lakhs and an open interest of 1,944 contracts. The second option, with a strike price of Rs 11,500, recorded 13,517 contracts traded, leading to a turnover of around Rs 644.42 lakhs and an open interest of 3,311 contracts.

In terms of performance, UltraTech Cement has outperformed its sector by 0.44% today, marking a consecutive gain over the past seven days with an impressive return of 8.21%. The stock reached an intraday high of Rs 11,420, reflecting a 3.34% increase. Furthermore, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, it is worth noting that delivery volume has decreased by 37.61% compared to the 5-day average, suggesting a decline in investor participation.

In summary, UltraTech Cement's notable activity today highlights its robust market position and performance metrics, underscoring its significance in the cement industry.