Infosys Ltd Sees Surge in Call Options with 2,465 Contracts and Rs 1,640 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, has seen significant trading activity with 2,465 call contracts traded, reflecting a turnover of approximately Rs 440.82 lakhs. The options have an expiry date set for July 31, 2025, with a strike price of Rs 1,640. Open interest stands at 4,620 contracts, indicating ongoing interest in these options.
In terms of performance, Infosys has outperformed its sector by 0.32% today, marking a consecutive gain over the last three days with a total return of 1.08% during this period. The stock's current value is Rs 1,622.50, which is higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Despite a slight decline in delivery volume, which has decreased by 12.09% against the 5-day average, the stock maintains sufficient liquidity for trades, with a size of Rs 23.19 crore based on 2% of the 5-day average traded value. Overall, Infosys continues to demonstrate resilience in a competitive market landscape.