Infosys Ltd Sees Surge in Put Activity: 5,035 Contracts at Rs 1400 Strike Traded

Infosys Ltd, a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active stocks in the market today, particularly in the options segment. The company’s stock, trading under the ticker INFY, has seen significant activity in put options with notable contracts traded.
Two key put options are drawing attention: the 1420 strike price, with 4,070 contracts traded and a turnover of Rs 219.53 lakhs, and the 1400 strike price, which saw 5,035 contracts traded and a turnover of Rs 142.10 lakhs. The open interest for these puts stands at 5,394 and 6,765, respectively, indicating a robust interest in these options. The underlying value of Infosys is currently at Rs 1,460.20.

Today, Infosys has outperformed its sector by 0.65%, marking a trend reversal after five consecutive days of decline. The stock has traded within a narrow range of Rs 11.6 and is currently below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, investor participation has increased, with a delivery volume of 1.06 crore on October 17, reflecting a rise of 229.81% against the 5-day average. The stock's liquidity remains strong, supporting trades up to Rs 26.81 crore.

In summary, Infosys Ltd's active put options and recent performance metrics highlight a significant moment for the company, reflecting both market dynamics and investor engagement.