Infosys Ltd Sees Surge in Call Option Activity with 35,929 Contracts Traded at Rs 1,600 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 35,929 call contracts exchanged, reflecting a turnover of approximately Rs 38.77 crore. The options have a strike price of Rs 1,600 and are set to expire on July 31, 2025. Open interest stands at 14,378 contracts, indicating ongoing interest in these options.
Despite this activity, Infosys has underperformed the sector by 0.57% today, with a 1-day return of -1.00%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. However, there has been a notable increase in investor participation, with delivery volume reaching 57.96 lakh shares on July 23, marking a 36.08% rise compared to the 5-day average.

With a market capitalization of Rs 6,47,568.02 crore, Infosys remains a significant entity in the large-cap segment. The liquidity of the stock is also favorable, accommodating trade sizes of Rs 21.63 crore based on 2% of the 5-day average traded value. Overall, while the stock faces challenges in performance metrics, the heightened activity in options trading reflects a dynamic market environment.