Infosys Ltd Sees 6,153 Active Put Contracts at Rs 1,600 Strike Price

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 6,153 contracts traded, reflecting a turnover of approximately Rs 1,116.36 lakhs. The put options have a strike price of Rs 1,600 and are set to expire on July 31, 2025, with an open interest of 4,385 contracts.
In terms of price performance, Infosys has outperformed its sector by 0.48% today, despite experiencing a consecutive decline over the past three days, resulting in a total drop of 2.34%. The stock opened with a gap down of 2.27% and reached an intraday low of Rs 1,563, marking a decrease of 3.27%. Currently, the underlying value stands at Rs 1,596.2.

The stock's moving averages indicate a mixed trend, being higher than the 50-day and 100-day averages but lower than the 5-day, 20-day, and 200-day averages. Notably, investor participation has risen, with a delivery volume of 33.12 lakhs on July 10, up by 11.14% compared to the 5-day average. The liquidity remains robust, supporting a trade size of Rs 15.88 crore.

In summary, Infosys Ltd's notable activity in the put options market reflects a complex interplay of market dynamics, with the stock navigating recent declines while maintaining a solid market position.