Infosys Ltd Sees Surge in Call Option Activity with 8,474 Contracts at Rs 1560 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 1529.1. Notably, two call options with expiry dates set for July 31, 2025, have garnered significant attention.
The first option, with a strike price of Rs 1580, saw 7,117 contracts traded, resulting in a turnover of Rs 141.53 lakhs and an open interest of 8,983 contracts. Meanwhile, the second option, priced at Rs 1560, recorded 8,474 contracts traded, leading to a turnover of Rs 325.41 lakhs and an open interest of 6,647 contracts.

In terms of performance, Infosys has faced a consecutive decline over the past two days, with a total return of -1.59%. The stock has been trading within a narrow range of Rs 10.9 and is currently below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite these challenges, there has been a notable increase in investor participation, with delivery volume rising to 88.12 lakhs on July 24, a 93.63% increase compared to the 5-day average.

Overall, Infosys continues to be a focal point in the market, reflecting both its current challenges and the active trading environment surrounding its options.