Infosys Ltd Sees Surge in Call Option Activity; 50,262 Contracts at Rs 1460 Strike

Infosys Ltd, a prominent player in the IT software industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, INFY, has seen significant trading activity in call options set to expire on April 24, 2025. Notably, the call option with a strike price of Rs 1460 recorded the highest trading volume, with 50,262 contracts exchanged and a turnover of Rs 2,784.57 lakhs. Following closely, the Rs 1500 strike price option saw 41,400 contracts traded, generating a turnover of Rs 776.66 lakhs, while the Rs 1480 strike price option had 37,794 contracts traded, contributing Rs 1,280.53 lakhs to the turnover.
Despite this activity, Infosys has underperformed its sector by 1.33%, with the stock experiencing a trend reversal after two consecutive days of gains. The stock reached an intraday low of Rs 1420.8, reflecting a decline of 2.08%. Currently, the underlying value stands at Rs 1449.0, with open interest across the options indicating a robust market engagement. The stock remains liquid, with a delivery volume of 83.32 lakhs, which has increased by 16.39% compared to the five-day average.

In summary, Infosys Ltd's active options trading highlights significant market engagement, although the stock is currently facing downward pressure in its performance metrics.