Infosys Ltd Sees Surge in Active Put Options with 5,994 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 in the options market today, particularly in the put options segment. The stock, trading under the ticker INFY, has seen significant activity with 5,994 put contracts traded, resulting in a turnover of approximately Rs 309.26 lakhs. The options have a strike price of Rs 1,600 and are set to expire on June 26, 2025, with an open interest of 4,429 contracts.
Today, Infosys's underlying value stands at Rs 1,618.8, reflecting a slight decline of 0.78% in one-day returns, which is in line with the sector's performance, as the sector recorded a 1.02% drop. The stock has been on a downward trend, losing 1.35% over the past two days. While the stock's price is currently above the 20-day and 50-day moving averages, it remains below the 5-day, 100-day, and 200-day moving averages.

Investor participation appears to be waning, with a delivery volume of 42.05 lakhs on June 18, down 26.07% compared to the five-day average. Despite these fluctuations, the stock maintains sufficient liquidity for trades, with a capacity for a trade size of Rs 25.76 crore, based on 2% of the five-day average traded value. Overall, the activity surrounding Infosys's put options highlights the current market dynamics and investor behavior without indicating future trends.