Infosys Ltd Sees Surge in Call Options with 5,064 Contracts Worth Rs 676.80 Lakhs

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, saw significant activity with 5,064 call contracts traded, reflecting a turnover of Rs 676.80 lakhs. The options have an expiry date set for May 29, 2025, with a strike price of Rs 1,600. Open interest stands at 5,660 contracts, indicating a robust interest in these options.
Despite this activity, Infosys has underperformed its sector by 1.26%, with the stock touching an intraday low of Rs 1,589.10, marking a decline of 2.32%. The stock's current value is Rs 1,591.90, which is higher than its 5-day, 20-day, and 50-day moving averages but lower than the 100-day and 200-day moving averages. Notably, the delivery volume has surged to 67.6 lakhs on May 12, a 102.42% increase compared to the 5-day average, suggesting rising investor participation.

With a market capitalization of Rs 6,61,282.61 crore, Infosys maintains a high dividend yield of 3.01%. The liquidity of the stock remains favorable, accommodating trade sizes of Rs 0.46 crore based on 2% of the 5-day average traded value. Overall, the activity surrounding Infosys reflects a dynamic trading environment, underscoring the stock's significance in the market today.