Infosys Ltd Sees Surge with 5,540 Active Call Contracts at Rs 1,500 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 5,540 call contracts traded, reflecting a turnover of Rs 324.87 lakhs. The options have an expiry date set for August 28, 2025, with a strike price of Rs 1,500. The current underlying value stands at Rs 1,495.5, indicating a close proximity to the strike price.
Today, Infosys outperformed its sector by 0.46%, although it experienced a slight decline of 0.15% in its stock price. This follows a trend reversal after three consecutive days of gains. The stock has been trading within a narrow range of Rs 12.8, and while it remains above the 5-day and 20-day moving averages, it is below the longer-term moving averages of 50, 100, and 200 days.

Open interest for the options stands at 10,097 contracts, suggesting a robust interest in this strike price. However, delivery volume has decreased by 27.52% compared to the 5-day average, indicating a potential decline in investor participation. Despite this, the stock maintains sufficient liquidity for trades up to Rs 24.88 crore, reflecting its large-cap status with a market capitalization of Rs 6,21,515.00 crore. Overall, Infosys continues to be a focal point in the market, driven by notable trading activity and performance metrics.