Infosys Ltd Sees Surge in Active Put Options with 4,956 Contracts at Rs 1,560 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 the put options segment. The underlying stock, INFY, has seen significant activity with 4,956 contracts traded for puts with a strike price of Rs 1,560, reflecting a turnover of Rs 266.15 lakhs. The open interest for these puts stands at 1,965 contracts, indicating a notable level of engagement among traders.
Today, Infosys has underperformed its sector by 0.33%, following a trend reversal after two consecutive days of gains. The stock's current value is Rs 1,564.80, which is higher than its 5-day, 20-day, and 50-day moving averages, yet lower than the 100-day and 200-day moving averages. The stock has recorded a one-day return of -1.15%, while the sector and Sensex have returned -0.90% and -0.92%, respectively.

Investor participation appears to be declining, with a delivery volume of 19.68 lakhs on May 26, down 48.16% compared to the 5-day average. Despite this, the stock maintains a high dividend yield of 3.1% at the current price, and liquidity remains sufficient for trades sized at Rs 16.94 crores, based on 2% of the 5-day average traded value. Overall, the activity in Infosys puts reflects a dynamic trading environment, underscoring the stock's current market position.