Top 10 Most Active F&O Stocks: These stocks seen with high options trading volumes today!

If you're thinking about getting into options trading, following stocks seen with high trading volumes today.

Although it is not advised for novices, options trading may be beneficial for seasoned traders who want to diversify their holdings, control risks, stop losses, or make significant gains. Options provide traders access to a variety of techniques.

Certain stocks are traded more often than others, even though the best stocks for options trading differ for every trader. Continue reading to find stocks that have significant trading volumes right now if you're considering starting an options trading career. This will assist you in understanding the fundamentals of options trading, including possible profits and losses.

State Bank of India (SBI) has opened and traded within a narrow range today, starting at Rs 726 and hitting a high of Rs 726, while the lowest point stood at Rs 710. Currently, it's trading slightly lower at Rs 712.2 compared to the previous close of Rs 725.25, marking a decrease of 1.80 per cent. Despite today's dip, SBI's 52-week high sits at Rs 728.35, showing its potential for growth, while the 52-week low is Rs 501.55. With a substantial market cap of Rs 636,533.12 crore, SBI remains a significant player in the market, attracting attention from traders and investors alike.

Options trading for SBI recorded a volume of 148,057 contracts, with a corresponding premium value of Rs 26,726.29 lakhs. This indicates substantial interest and activity in options trading for SBI.

Wipro Ltd saw a more dynamic trading day, with an opening of Rs 491 and reaching a high of Rs 510, demonstrating considerable volatility. However, it maintained a relatively stable low at Rs 491. Currently, Wipro is trading higher at Rs 506.2 compared to the previous close of Rs 490.45, marking a notable increase of 3.21 per cent. With a 52-week high of Rs 529 and a low of Rs 352, Wipro showcases a wide range of movement. Its market cap stands at Rs 264,195.74 crore, solidifying its position as one of the top active stocks in the market.

Options trading for Wipro saw a volume of 97,737 contracts, with a premium value of Rs 16,019.56 lakhs. While the volume is slightly lower compared to SBI, it still signifies significant trading activity in Wipro's options.

Tata Power Company Ltd, on the other hand, experienced a more bearish trend today. Starting at Rs 379.9, it reached a high of Rs 386.15 but dipped to a low of Rs 365.95. Currently, it's trading at Rs 367.1, significantly lower than the previous close of Rs 392.1, with a notable decrease of 6.38 per cent. Tata Power's 52-week high is Rs 412.9, indicating its potential for growth, while the 52-week low stands at Rs 182.35. Despite today's decline, Tata Power remains a substantial player in the market with a market cap of Rs 117,300.93 crore, attracting attention from traders seeking opportunities in energy sectors.

Options trading volume for Tata Power amounted to 91,427 contracts, with a premium value of Rs 24,181.99 lakhs. Indicating considerable value being traded in Tata Power's options market.

The greatest stocks for options trading ultimately rely on your particular style of investing. Having an understanding of the reasons behind a stock's high options volume can help you make wise judgements.

Below are some of the best options trading stocks that had high liquidity in their options contract on Monday, February 12, 2024:

The data is recorded on 12:05 PM, February 12^th, 2024 from NSE

Disclaimer: The article is for informational purposes only and not investment advice.