Varun Beverages Ltd Sees Surge in Active Call Options with 3,820 Contracts at Rs 460

Varun Beverages 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 ticker VBL, has seen notable movement in its options market, with 3,820 call contracts traded at a strike price of Rs 460, resulting in a turnover of approximately Rs 691.87 lakhs. The open interest stands at 1,932 contracts, indicating ongoing interest in this option.
In terms of performance, Varun Beverages has outperformed its sector by 1.14%, with the stock reaching an intraday high of Rs 469.1, marking a 2.39% increase. The underlying value of the stock is currently at Rs 467.35. While the stock is trading above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages, suggesting a mixed trend in its longer-term performance.

Despite a decline in delivery volume, which has fallen by 21.22% compared to the 5-day average, the stock maintains sufficient liquidity for trades up to Rs 4.96 crore, based on 2% of the 5-day average traded value. Overall, Varun Beverages continues to attract attention in the market, reflecting its significant position within the large-cap segment.