Infosys Ltd Sees Surge in Active Put Options: 18,468 Contracts at Rs 1500 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 put options. The company’s underlying stock, INFY, is currently valued at Rs 1518.5. Notably, three significant put options with an expiry date of July 31, 2025, have seen considerable trading activity.
The put option with a strike price of Rs 1540 recorded 13,440 contracts traded, generating a turnover of Rs 1,145.63 lakhs, while the Rs 1520 strike price saw 16,543 contracts traded with a turnover of Rs 823.84 lakhs. The most active was the Rs 1500 strike price, which had 18,468 contracts traded and a turnover of Rs 500.11 lakhs. Open interest figures indicate 1,757, 2,544, and 3,899 contracts for the respective strike prices.

Despite the notable activity in options, Infosys has faced a challenging trading environment, with the stock experiencing a decline of 4.55% over the past three days. It has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock touched an intraday low of Rs 1482.5, reflecting a 2.19% drop. However, there has been a rise in investor participation, with delivery volume increasing by 53.33% compared to the 5-day average.

In summary, while Infosys Ltd shows significant activity in put options, the stock's recent performance indicates a downward trend, underscoring the complexities of the current market landscape.