Coforge Ltd Sees 7,296 Call Contracts Trade at Rs 1620 Strike Price

Coforge Ltd, a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The company’s call options, set to expire on September 30, 2025, with a strike price of Rs 1620, saw a robust trading volume of 7,296 contracts, contributing to a turnover of Rs 161.424 lakhs. The underlying stock value stands at Rs 1601.5, indicating a strong interest among traders.
In terms of performance, Coforge has outperformed its sector by 2.86%, marking a notable gain of 4.13% over the last two days. Today, the stock opened with a gap up of 2.04% and reached an intraday high of Rs 1611, reflecting a 3.79% increase. However, it is important to note that Coforge is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a mixed technical outlook.

Investor participation has also seen a rise, with a delivery volume of 17.96 lakhs on September 29, up by 48.07% compared to the 5-day average. The stock's liquidity remains favorable, accommodating trade sizes of Rs 6.98 crores based on 2% of the 5-day average traded value. Overall, Coforge's recent activity underscores its dynamic position in the market, reflecting both investor engagement and performance metrics.