Vodafone Idea Ltd. Sees 5,692 Active Call Contracts at Rs 7 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 August 28, 2025, have seen significant trading activity, with 5,692 contracts traded at a strike price of Rs 7. The turnover for these options reached approximately Rs 244.10 lakhs, while the open interest stands at 7,073 contracts, indicating a robust interest among traders.
In terms of performance, Vodafone Idea's stock has outperformed its sector by 4.28% today, with a 1-day return of 2.60%. The underlying value of the stock is currently at Rs 6.76. Notably, the stock is trading above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages, suggesting mixed momentum in the longer term.

Despite a decline in delivery volume, which fell by 33.94% against the 5-day average, the stock maintains sufficient liquidity for trades, with a liquidity measure based on 2% of the 5-day average traded value indicating a capacity for a trade size of Rs 7.3 crores. Overall, Vodafone Idea's activity today reflects a dynamic trading environment, underscoring its position within the telecom sector.