Coforge Ltd Sees 11,446 Contracts in 1860 Strike Call Options Amid Strong Trading Activity

Coforge Ltd, a mid-cap player in the Computers - Software & Consulting industry, has emerged as one of the most active stocks today, showcasing significant trading activity in its call options. The stock, which has an underlying value of Rs 1838.0, saw notable movements in its options market ahead of the expiry date on October 28, 2025.
Among the most actively traded options, the call with a strike price of Rs 1860 led the way with 11,446 contracts traded, resulting in a turnover of approximately Rs 607.35 lakhs and an open interest of 1,880 contracts. Following closely, the Rs 1840 strike price call recorded 10,510 contracts traded and a turnover of Rs 778.79 lakhs, with an open interest of 1,647. Other significant options included the Rs 1900 strike price with 8,331 contracts and the Rs 1880 strike price with 6,101 contracts traded.

Coforge's performance metrics reflect a strong upward trend, outperforming its sector by 3.29% today. The stock has gained 4.73% over the last three days, opening with a gap up of 5.11% and reaching an intraday high of Rs 1866.6, marking a 6.06% increase. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating robust momentum. The delivery volume has also surged, rising by 120.31% against the 5-day average, highlighting increased investor participation.

In summary, Coforge Ltd's active trading in call options and strong performance metrics underscore its current market position and investor interest, reflecting a dynamic trading environment.