UltraTech Cement Ltd Sees Surge in Call Options Activity with 30,487 Contracts at Rs. 13,000 Strike

UltraTech Cement Ltd, a prominent player in the Cement & Cement Products industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, ULTRACEMCO, has seen significant trading activity with two notable call options set to expire on July 31, 2025.
The call option with a strike price of Rs. 12,600 recorded 25,452 contracts traded, generating a turnover of approximately Rs. 2,549.91 lakhs and an open interest of 3,581 contracts. Meanwhile, the Rs. 13,000 strike price option saw even higher activity, with 30,487 contracts traded and a turnover of Rs. 1,051.65 lakhs, alongside an open interest of 6,587 contracts. The underlying value of ULTRACEMCO stands at Rs. 12,568.

In terms of price performance, UltraTech Cement reached a new 52-week high of Rs. 12,714 today. Despite this achievement, the stock underperformed its sector by 0.31%. Over the past three days, it has gained 0.78%, and it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume dropping by 62.07% compared to the 5-day average.

Overall, UltraTech Cement's strong trading activity in the options market reflects its significant market presence, while the stock's recent performance metrics indicate a mixed outlook amidst fluctuating investor engagement.