Infosys Ltd Sees 16,276 Contracts in Rs 1,500 Strike Price Puts Traded

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 the put options segment. The company’s underlying stock, INFY, is currently valued at Rs 1504.9. Notably, two put options with expiry dates set for October 28, 2025, have attracted significant trading activity.
The put option with a strike price of Rs 1480 saw 10,476 contracts traded, generating a turnover of Rs 31.43 lakhs, while the option with a strike price of Rs 1500 recorded 16,276 contracts traded, resulting in a turnover of Rs 271.48 lakhs. The open interest for these options stands at 2,120 and 2,762 contracts, respectively, indicating a robust interest among traders.

In terms of performance, Infosys has shown a slight decline, with a one-day return of -0.09%, aligning closely with the sector's performance, which reported a -0.22% return. The stock has been trading within a narrow range of Rs 9.5 and is currently above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages. Additionally, the stock's liquidity remains favorable, accommodating trades of up to Rs 16.18 crore based on recent averages.

Overall, the activity in Infosys's put options reflects a notable engagement in the market, underscoring the stock's current dynamics without venturing into future predictions.