Infosys Ltd Sees Surge in Call Options with 5,664 Contracts 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, saw significant activity with 5,664 call contracts traded, reflecting a turnover of approximately Rs 512.93 lakhs. The options have an expiry date set for June 26, 2025, with a strike price of Rs 1,600. The current underlying value of Infosys stands at Rs 1,591.
Despite this activity, Infosys has underperformed its sector by 0.47% today, continuing a downward trend with a 2.78% decline over the past two days. The stock opened with a gap down of 2.03%, reaching an intraday low of Rs 1,570.2, which is a decrease of 2.39%.

In terms of moving averages, the stock is currently above its 5-day, 20-day, and 50-day averages but remains below the 100-day and 200-day averages. Notably, investor participation has increased, with delivery volume rising by 54.12% compared to the 5-day average, indicating a liquidity level sufficient for a trade size of Rs 24.42 crore.

In summary, while Infosys has seen heightened trading activity, it continues to face challenges in performance metrics, reflecting a complex market position.