Infosys Ltd Sees 15,470 Call Contracts at Rs 1560 Strike Amid Trend Reversal

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, saw significant activity with 15,470 call contracts traded, reflecting a turnover of Rs 8.66 lakhs. The options have an expiry date set for October 28, 2025, with a strike price of Rs 1,560. Open interest stands at 32,664 contracts, indicating a robust interest in these options.
In terms of price performance, Infosys has shown a slight recovery today, gaining 0.14% after three consecutive days of decline. The stock's current value is Rs 1,502.2, which is above its 5-day, 20-day, and 50-day moving averages, yet remains below the 100-day and 200-day moving averages. The stock's delivery volume has decreased by 12.04% compared to the 5-day average, with a delivery volume of 46 lakhs on October 28. Additionally, Infosys boasts a high dividend yield of 4.4%, and its liquidity remains favorable for trades up to Rs 17.05 crore, based on 2% of the 5-day average traded value.

In summary, Infosys Ltd continues to attract attention in the market, reflecting a mix of recovery and ongoing investor activity.