Infosys Ltd Sees Surge in Call Option Activity with 15,886 Contracts at Rs 1520 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 1526.4. Notably, several call options with an expiry date of August 28, 2025, have seen significant trading activity.
The call option with a strike price of Rs 1500 led the activity with 13,882 contracts traded, generating a turnover of Rs 1370.43 lakhs and an open interest of 8,118 contracts. Following closely, the Rs 1520 strike price option recorded 15,886 contracts traded and a turnover of Rs 864.20 lakhs, while the Rs 1560 strike price option saw 9,689 contracts traded with a turnover of Rs 130.61 lakhs.

In terms of performance, Infosys outperformed its sector by 0.35%, achieving an intraday high of Rs 1523.5, reflecting a 2.42% increase. The stock's 1-day return stands at 2.63%, compared to a sector return of 2.06% and a Sensex return of 0.39%. Despite this positive movement, delivery volume has decreased by 16.61% against the 5-day average, indicating a potential decline in investor participation.

Overall, Infosys continues to demonstrate notable activity in the market, with strong trading volumes in its options, reflecting ongoing interest in the stock amidst fluctuating investor engagement.