Infosys Ltd Sees Surge in Call Option Activity with 41,436 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 activity with 41,436 call contracts traded, reflecting a turnover of approximately Rs 1,448.60 lakhs. The options have an expiry date set for June 26, 2025, with a strike price of Rs 1,600. The open interest stands at 6,696 contracts, indicating ongoing interest in these options.
In terms of price performance, Infosys has underperformed its sector by 0.37%, with a current underlying value of Rs 1,584.70. The stock's performance metrics reveal that it is trading higher than its 20-day and 50-day moving averages, yet it remains below the 5-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has decreased by 5.28% compared to the 5-day average, with a delivery volume of 44.96 lakhs recorded on June 23.

Despite these fluctuations, the stock maintains adequate liquidity, with a trade size of Rs 25.27 crores based on 2% of the 5-day average traded value. Overall, Infosys continues to be a focal point in the market, reflecting the dynamic nature of its trading activity.