Infosys Ltd Sees Surge in Active Put Options with 18,464 Contracts at Rs 1600 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 the put options segment. The company’s underlying stock, INFY, is currently valued at Rs 1605.00. Notably, two put options with expiry on June 26, 2025, have seen significant trading activity.
The put option with a strike price of Rs 1620 recorded 10,695 contracts traded, generating a turnover of Rs 12.76 crore, while the option with a strike price of Rs 1600 saw 18,464 contracts traded, resulting in a turnover of Rs 16.07 crore. The open interest for these options stands at 1,481 and 3,033 contracts, respectively.

Today, Infosys has underperformed its sector by 0.47%, continuing a downward trend with a two-day return of -2.78%. The stock opened with a gap down of 2.03% and reached an intraday low of Rs 1570.20. Despite being above the 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages. The stock's liquidity remains robust, with a delivery volume of 62.51 lakh shares, reflecting a 54.12% increase compared to the 5-day average.

In summary, Infosys Ltd's notable activity in the put options market highlights the current market dynamics, with significant trading volumes and a focus on specific strike prices as investors navigate the stock's recent performance.