Vodafone Idea Ltd. Sees 25,836 Call Contracts Trade at Rs 9 Strike Price

Vodafone Idea Ltd., a mid-cap player in the Telecom Services industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options, set to expire on September 30, 2025, have seen significant trading activity, with 25,836 contracts traded at a strike price of Rs 9. This activity has generated a turnover of approximately Rs 2,031.29 lakhs, while the open interest stands at 9,338 contracts, indicating a robust interest in these options.
Despite this heightened activity, Vodafone Idea's stock has underperformed the sector, showing a 1D return of -6.57%, compared to the sector's decline of -1.40% and the Sensex's drop of -0.69%. The stock's underlying value is currently at Rs 8.06, which is higher than its 20-day, 50-day, 100-day, and 200-day moving averages, but lower than the 5-day moving average.

Investor participation appears to be waning, with a delivery volume of 15.51 crore on September 25, reflecting a significant decline of 46.33% against the 5-day average. However, the stock remains liquid enough for trading, with a trade size of Rs 18.13 crore based on 2% of the 5-day average traded value.

In summary, while Vodafone Idea Ltd. shows notable activity in the options market, its stock performance indicates challenges in maintaining momentum within the current market environment.