Surge in Active Put Options for Infosys Ltd: 7,815 Contracts at Rs 1440 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 company’s underlying stock, INFY, is currently valued at Rs 1445.9.
Notably, the put options with a strike price of Rs 1440 saw the highest activity, with 7,815 contracts traded, resulting in a turnover of Rs 956.87 lakhs and an open interest of 2,303. Other significant strike prices include Rs 1420, with 6,020 contracts traded and a turnover of Rs 569.73 lakhs, and Rs 1360, where 4,984 contracts were traded, generating a turnover of Rs 177.03 lakhs.

Despite this activity, Infosys has been experiencing a downward trend, having lost 3.7% over the last four days, with a one-day return of -1.29%. The stock touched an intraday low of Rs 1433, reflecting a decline of 2.05%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment.

With a market capitalization of Rs 6,10,568.00 crore, Infosys remains a significant entity in the market, although recent data suggests a decline in investor participation, with delivery volume dropping by 21.55% against the 5-day average. Overall, the current activity in put options highlights a notable shift in market dynamics for Infosys, warranting close observation.