Infosys Ltd Sees Surge in Active Put Options with 15,920 Contracts at Rs 1500 Strike

Infosys Ltd, a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s underlying stock, INFY, is currently valued at Rs 1558.9. Notably, two significant put options are drawing attention: one with a strike price of Rs 1580, which saw 15,356 contracts traded and a turnover of Rs 2,077.97 lakhs, and another with a strike price of Rs 1500, where 15,920 contracts were traded, resulting in a turnover of Rs 644.44 lakhs.
The open interest for these options stands at 4,055 for the Rs 1580 strike and 5,085 for the Rs 1500 strike, indicating a robust interest in these contracts ahead of their expiry on July 31, 2025.

Despite this activity, Infosys has underperformed the sector by 0.57% today, with a one-day return of -1.00%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a downward trend. However, there has been a notable increase in investor participation, with delivery volume rising by 36.08% compared to the 5-day average. The liquidity remains adequate for trades sized at Rs 21.63 crore, suggesting that while the stock faces challenges, there is still a significant level of trading activity. Overall, the current dynamics around Infosys highlight a complex interplay of market factors without indicating a clear direction.