Surge in Active Call Options for Maruti Suzuki at Rs 12,000 Strike Price

Maruti Suzuki India Ltd, a prominent player in the passenger car segment, has emerged as one of the most active stocks today. The company, with a market capitalization of Rs 3,65,568.45 crore, is currently trading at an underlying value of Rs 11,708.1.
Today, the stock saw significant activity in the options market, with 21,450 call contracts traded for an expiry date set for April 24, 2025, at a strike price of Rs 12,000. This trading activity generated a turnover of approximately Rs 1,291.35 lakh, while open interest stood at 5,721 contracts, indicating a robust interest in this option.

In terms of performance, Maruti Suzuki's stock has been trading in a narrow range, with a daily movement of Rs 49.7. The stock's performance today aligns closely with the sector, showing a 1D return of -0.76%, compared to the sector's -0.69% and the Sensex's -0.34%. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a downward trend.

Investor participation appears to be declining, with delivery volume dropping by 22.14% against the 5-day average. Despite these challenges, the stock remains liquid enough for trades of Rs 12.54 crore, suggesting ongoing market activity. Overall, Maruti Suzuki continues to be a focal point in the automobile sector, reflecting the dynamic nature of the market.