Infosys Call Options Surge: 6,758 Contracts at Rs 1500 Strike Amid Stock Decline

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, has seen significant activity with 6,758 call contracts traded, reflecting a turnover of approximately Rs 125.16 lakhs. The options have an expiry date set for September 30, 2025, with a strike price of Rs 1,500. The open interest stands at 7,653 contracts, indicating ongoing interest in these options.
Despite this activity, Infosys has underperformed relative to its sector, showing a decline of 1.64% today, compared to a sector decline of 1.17% and a Sensex drop of 0.43%. The stock has been on a downward trend, losing value for six consecutive days, resulting in a total decline of 5% during this period. Currently, Infosys is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a challenging market position.

Additionally, the delivery volume has decreased by 3.86% against the 5-day average, with a delivery volume of 65.68 lakhs recorded on September 25. The stock remains liquid enough for trades, with a size of Rs 32.93 crore based on 2% of the 5-day average traded value. Overall, while Infosys shows notable activity in the options market, its recent performance metrics suggest a need for careful observation.