Infosys Ltd Sees Surge in Active Call Options at 1,600 Strike with 29,307 Contracts

Infosys Ltd, a prominent player in the IT software industry, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The stock, trading under the ticker INFY, has seen notable interest in call options with expiry set for May 29, 2025.
Two key strike prices have attracted considerable attention: 1,600 and 1,700. The 1,600 strike price recorded 29,307 contracts traded, generating a turnover of approximately Rs 3,416.33 lakhs, while the 1,700 strike price saw 16,731 contracts traded with a turnover of around Rs 557.12 lakhs. Open interest for these options stands at 5,530 and 4,150 contracts, respectively, indicating robust market engagement.

Today, Infosys outperformed its sector by 1.41%, reaching an intraday high of Rs 1,624.90, reflecting a 7.78% increase. The stock's performance metrics show it is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day averages. The IT software sector overall has gained 6.01%, contributing to a favorable market environment.

Despite a decline in delivery volume by 19.11% compared to the 5-day average, Infosys maintains a high dividend yield of 3.25% and sufficient liquidity for trading. Overall, the activity surrounding Infosys underscores its significant position in the market, driven by strong trading volumes and performance metrics.