Yes Bank Ltd. Sees Surge in Active Call Options with 4,308 Contracts Traded at Rs 20 Strike

Yes Bank Ltd. has emerged as one of the most active stocks today, particularly in the options market. The bank's call options, set to expire on September 30, 2025, have seen significant trading activity, with 4,308 contracts exchanged at a turnover of approximately Rs 699.76 lakhs. The strike price for these options is set at Rs 20, with the underlying value currently at Rs 20.03. Open interest stands at 3,121 contracts, indicating a robust interest in these options.
In terms of performance, Yes Bank has outperformed its sector by 2.32%, reflecting a positive trend amidst broader market conditions. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum. However, it is noteworthy that investor participation has declined, with delivery volume dropping by 53.85% compared to the 5-day average, totaling 3.11 crore shares on September 2.

Despite this decrease in delivery volume, the stock remains liquid enough for trades up to Rs 4.78 crore, based on 2% of the 5-day average traded value. Overall, Yes Bank's current activity highlights its position within the private sector banking industry, characterized by a mid-cap market capitalization of Rs 62,143 crore.