Infosys Ltd Sees Surge in Call Options: 4,658 Contracts at Rs 1540 Strike Price

Infosys Ltd, a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, INFY, is currently valued at Rs 1514.6. Notably, two call options with expiry dates set for September 30, 2025, have attracted significant trading activity.
The first option, with a strike price of Rs 1600, saw 4,471 contracts traded, resulting in a turnover of Rs 114.64 lakhs and an open interest of 7,359 contracts. Meanwhile, the second option, priced at Rs 1540, recorded 4,658 contracts traded, generating a turnover of Rs 379.16 lakhs and an open interest of 8,493 contracts.

Despite this activity, Infosys has underperformed its sector by 0.82% today, with a 1D return of -1.02%. The stock has experienced a trend reversal, falling after two consecutive days of gains, and has traded within a narrow range of Rs 14.8. While the stock is currently above its 5-day and 20-day moving averages, it remains below the longer-term 50-day, 100-day, and 200-day moving averages.

In terms of liquidity, the stock has shown a delivery volume of 43.7 lakhs, which is a 36.54% increase compared to its 5-day average. This indicates a healthy trading environment, with sufficient liquidity for a trade size of Rs 22.15 crore. Overall, the activity surrounding Infosys reflects a dynamic trading landscape, underscoring the stock's current market position.