Vedanta Ltd. Sees Surge in Call Options with 15,616 Contracts at ₹450 Strike

Vedanta Ltd., a prominent player in the Non-Ferrous Metals industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, VEDL, has seen significant trading activity in call options set to expire on July 31, 2025. Notably, the strike price of 450 attracted the highest volume, with 15,616 contracts traded and a turnover of approximately Rs 2,219.49 lakhs.
Other strike prices also demonstrated robust activity, with 17,198 contracts traded at a strike price of 470, resulting in a turnover of Rs 1,140.12 lakhs. The strike prices of 440 and 460 saw 11,485 and 17,588 contracts traded, respectively, contributing to a total turnover of Rs 2,314.64 lakhs and Rs 1,748.41 lakhs. The open interest for these options ranged from 2,890 to 4,716 contracts, indicating a strong interest among traders.

Despite this activity, Vedanta's stock has underperformed its sector by 1.06%, with an intraday low of Rs 420.65, reflecting a decline of 7.81%. The stock's volatility today reached 5.32%, and it remains above its 100-day moving average but below its shorter-term averages. The overall market cap stands at Rs 1,71,900.66 crore, highlighting its large-cap status. As the day progresses, the dynamics within Vedanta's options market continue to unfold, reflecting the stock's current market position.