Surge in United Spirits Ltd Call Options: 11,415 Contracts at Rs 1,600 Strike Price

United Spirits Ltd, a prominent player in the beverages industry, has emerged as one of the most active stocks today, reflecting significant trading activity. The stock, identified by the underlying symbol UNITDSPR, has seen a notable surge in call options, with 11,415 contracts traded at a strike price of Rs 1,600, resulting in a turnover of approximately Rs 1,661.01 lakhs. The open interest stands at 1,408 contracts, indicating a robust interest in this option.
Today, United Spirits has outperformed its sector by 2.17%, marking a consecutive gain over the last two days with a total return of 4.66%. The stock reached an intraday high of Rs 1,609.8, reflecting a 3.91% increase. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showcasing a strong upward trend.

Additionally, the stock has experienced rising investor participation, with a delivery volume of 6.95 lakhs on June 2, which is up by 55.88% compared to the 5-day average. With a market capitalization of Rs 1,15,539.68 crore, United Spirits continues to demonstrate liquidity, supporting trade sizes of Rs 2.57 crore based on 2% of the 5-day average traded value. Overall, the activity surrounding United Spirits today highlights its strong market position and performance metrics.