Vedanta Ltd. Sees Surge in Call Options Activity with 7,588 Contracts at Rs 470 Strike

Vedanta Ltd., a prominent player in the Non-Ferrous Metals industry, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, which currently holds a market capitalization of Rs 1,81,852.60 crore, has shown a notable performance, outperforming its sector by 1.08% and gaining 5.26% over the last two days.
Today, Vedanta's call options with expiry on July 31, 2025, have attracted considerable attention. The call option with a strike price of Rs 470 saw 7,588 contracts traded, generating a turnover of Rs 1,405.88 lakh, while the Rs 480 strike price option recorded 6,978 contracts traded with a turnover of Rs 943.87 lakh. Additionally, the Rs 500 strike price option had 8,298 contracts traded, contributing Rs 555.32 lakh to the turnover. The underlying value of Vedanta stands at Rs 464.3, with open interest levels indicating robust market engagement across these options.

The stock reached an intraday high of Rs 471, reflecting a 3.4% increase, and is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. With a delivery volume of 54.26 lakh shares, up 19.51% from the 5-day average, Vedanta demonstrates strong liquidity, suitable for trades around Rs 7.94 crore. The company's high dividend yield of 8.67% further underscores its appeal in the market. Overall, Vedanta's performance today highlights its active trading status and solid market position.