Infosys Ltd Sees Surge in Put Options Activity with 22,382 Contracts at Rs 1460 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 underlying stock, INFY, is currently valued at Rs 1498.3. Notably, the put options set to expire on August 28, 2025, have seen significant trading activity across various strike prices.
The put option with a strike price of Rs 1460 led the activity with 22,382 contracts traded, generating a turnover of approximately Rs 1,075.23 lakhs and an open interest of 4,851 contracts. Following closely, the Rs 1480 strike price option recorded 19,011 contracts traded and a turnover of Rs 1,301.87 lakhs. Other notable strike prices include Rs 1440, Rs 1500, and Rs 1420, with respective contracts traded of 17,057, 10,606, and 10,586.

In terms of performance, Infosys has shown a slight decline of 0.46% today, contrasting with the sector's decline of 0.29%. The stock has fallen after two consecutive days of gains, and while it remains above the 5-day and 20-day moving averages, it is below the longer-term moving averages. The liquidity remains robust, with a delivery volume of 63.09 lakhs, reflecting a 4.09% increase against the 5-day average.

In summary, Infosys Ltd's put options are witnessing heightened activity, indicating a notable interest in hedging strategies as the stock navigates recent performance trends.