Voltas Ltd. Sees 5,231 Call Contracts Trade at Rs 1,340 Strike Price

Voltas Ltd., a prominent player in the Electronics & Appliances sector, has emerged as one of the most active stocks today, reflecting significant trading activity. The stock, which opened at Rs 1343.0, experienced a decline of 2.46%, reaching an intraday low of Rs 1299.3, marking a 2.81% drop. Despite this downturn, the stock remains above its 5-day moving averages but falls short of the 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed performance trends.
In the options market, Voltas saw notable activity with 5,231 call contracts traded, resulting in a turnover of approximately Rs 418.81 lakhs. The open interest stands at 1,519 contracts, suggesting ongoing interest in the stock's future performance. The underlying value of the stock is currently at Rs 1343.0, aligning closely with the strike price of Rs 1340 for the options expiring on November 25, 2025.

Investor participation appears to be waning, with a delivery volume of 4.81 lakhs on November 13, reflecting a 1.78% decrease compared to the 5-day average. However, the stock maintains sufficient liquidity for trades around Rs 2.72 crore, indicating a stable trading environment. Overall, Voltas Ltd. continues to attract attention in the market, showcasing a blend of activity and performance metrics that underscore its current standing.