Vedanta Ltd. Sees 7,542 Active Call Options Trading at Rs 450 Strike Price

Vedanta Ltd., a prominent player in the Non-Ferrous Metals industry, has emerged as one of the most active stocks today, reflecting significant market engagement. The stock, trading under the symbol VEDL, has seen a notable increase in activity with 7,542 call contracts traded, resulting in a turnover of approximately Rs 540.35 lakhs. The current underlying value stands at Rs 447.1, with an expiry date for these options set for August 28, 2025, and a strike price of Rs 450.
In terms of performance, Vedanta has outperformed its sector by 1.16%, marking a consecutive gain over the last two days with a total return of 3.42%. The stock reached an intraday high of Rs 447, reflecting a 2.01% increase for the day. Additionally, it is trading above its 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average.

Investor participation has also risen, with a delivery volume of 31.38 lakhs on August 18, up 25.85% compared to the 5-day average. With a high dividend yield of 8.1% and sufficient liquidity for trades up to Rs 5 crore, Vedanta Ltd. continues to attract attention in the market. Overall, the stock's recent performance and trading activity underscore its significant position within the large-cap segment of the market.