Infosys Ltd Sees Surge in Active Call Options with 2,535 Contracts Traded

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, is currently valued at Rs 1626.0. Notably, there were 2,535 call contracts traded with a turnover of Rs 361.24 lakhs, indicating significant activity. The options have an expiry date set for July 31, 2025, with a strike price of Rs 1640. Open interest stands at 5,802 contracts, reflecting ongoing interest in these options.
In terms of performance, Infosys has underperformed its sector by 0.28% today, with a 1-day return of -0.47%. The stock has experienced a consecutive decline over the past two days, totaling a drop of 0.83%. While the stock is currently above its 20-day, 50-day, and 100-day moving averages, it remains below its 5-day and 200-day moving averages. Additionally, delivery volume has seen a rise, with 35.64 lakhs traded on July 9, up by 15.84% compared to the 5-day average, indicating increased investor participation.

Overall, Infosys continues to be a focal point in the market, reflecting both its liquidity and the current trading dynamics.