Coforge Ltd Sees Surge in Active Put Options with 3,287 Contracts at Rs 1,800 Strike

Coforge Ltd, a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active stocks in the market today, particularly in the options segment. The company’s put options, set to expire on June 26, 2025, have seen significant trading activity, with 3,287 contracts exchanged at a strike price of Rs 1,800. This activity has generated a turnover of approximately Rs 287.41 lakhs, while open interest stands at 641 contracts, indicating ongoing interest in these options.
Coforge's underlying stock is currently valued at Rs 1,850.5, reflecting a robust performance today, having outperformed its sector by 2.16%. The stock has been on a positive trajectory, gaining 9.19% over the past five days, with a notable intraday high of Rs 1,895, marking a 5.63% increase. Additionally, Coforge is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

Investor participation has also risen, with a delivery volume of 8.53 lakhs on June 9, up 41.89% compared to the 5-day average. The stock's liquidity remains favorable, accommodating trades of Rs 5.67 crore based on 2% of the 5-day average traded value. Overall, Coforge's recent performance highlights its strong market position and investor engagement.