Mumbai: Shares of Asian Paints Ltd, India’s largest decorative paints company, have emerged as a focal point in the derivatives market with robust call option trading activity as investors position themselves ahead of the 30 December 2025 expiration cycle, indicating growing bullish sentiment in the stock.
According to market data, Asian Paints has recorded significant volumes in call options, particularly at the ₹2,800 strike price, with 10,330 contracts traded on 15 December 2025, generating a turnover of around ₹922.7 lakh. The open interest at this strike stands at 3,247 contracts, suggesting a substantial number of outstanding positions that may influence price movements as expiry nears.
The underlying share price was trading close to the strike level at around ₹2,795, placing these call options near the money — a setup that typically attracts traders who anticipate upside movement in the stock ahead of key catalysts.
Market participants say this heightened derivatives activity reflects bullish positioning, even as the stock has seen some volatility in recent sessions.
Investors appear to be betting on positive momentum or hedging existing positions through options, taking advantage of the liquidity and depth in Asian Paints’ derivatives contracts.
Analysts note that such elevated call option volumes often signal confidence among traders about the stock’s near-term prospects, especially in the context of broader market dynamics and sector performance.
With expiry approaching later this month, the derivatives flow will be closely watched for indications of directional bias among institutional and retail participan