Infosys Ltd Sees Surge in Active Put Options with 6,516 Contracts Traded at Rs 1560 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, is currently valued at Rs 1585.9, with a notable expiry date for the put options set for May 29, 2025. The strike price for these puts is Rs 1560.0, and today, 6,516 contracts were traded, resulting in a turnover of Rs 316.914 lakhs. The open interest stands at 1,960 contracts, indicating a significant level of market engagement.
In terms of performance, Infosys has outperformed its sector by 0.5%, with the stock reaching an intraday high of Rs 1584.9, reflecting a 2.42% increase. The stock's moving averages indicate it is currently above the 5-day, 20-day, and 50-day averages, yet below the 100-day and 200-day averages. However, investor participation appears to be declining, with a delivery volume of 33.29 lakhs on May 22, down 21.5% from the 5-day average.

With a market capitalization of Rs 6,56,523.14 crore, Infosys maintains a high dividend yield of 3.16% at the current price, and liquidity remains robust, supporting trades up to Rs 4.74 crore based on 2% of the 5-day average traded value. Overall, the activity surrounding Infosys puts reflects a dynamic trading environment, underscoring the stock's relevance in the current market landscape.