Infosys Ltd Sees Surge in Call Options Activity with 5,936 Contracts at Rs 1540 Strike

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 1508.6. Notably, two call options with expiry dates set for September 30, 2025, have garnered significant attention.
The first option, with a strike price of Rs 1520, saw 4,948 contracts traded, resulting in a turnover of Rs 427.90 lakhs and an open interest of 8,220 contracts. Meanwhile, the second option, priced at Rs 1540, recorded 5,936 contracts traded, with a turnover of Rs 338.59 lakhs and an open interest of 14,632 contracts.

Despite this activity, Infosys has underperformed its sector by 0.62% today, with a 1D return of -1.06%. The stock is currently trading above its 5-day and 20-day moving averages but below its longer-term averages, including the 50-day, 100-day, and 200-day moving averages. Additionally, the stock has experienced a notable increase in delivery volume, rising by 100.56% against the 5-day average, indicating heightened investor participation.

In summary, Infosys Ltd's active options trading reflects a dynamic market environment, although the stock's performance metrics suggest challenges in maintaining momentum.