Infosys Ltd Sees Surge in Put Options: 2,627 Contracts at Rs 1480 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 put options. The company’s underlying stock, INFY, is currently valued at Rs 1480.
Notably, two significant put options are drawing attention. The first, with a strike price of Rs 1500, saw 1,377 contracts traded, resulting in a turnover of Rs 211.34 lakhs and an open interest of 2,811 contracts. The second put option, with a strike price of Rs 1480, recorded 2,627 contracts traded, generating a turnover of Rs 304.31 lakhs and an open interest of 2,306 contracts. Both options are set to expire on September 30, 2025.

In terms of performance, Infosys has underperformed its sector by 0.73% today, continuing a downward trend with a 0.99% decline over the past two days. The stock is currently above its 20-day moving average but below its 5-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has decreased significantly, with delivery volume dropping by 57.44% compared to the 5-day average.

Overall, Infosys Ltd's activity in the options market reflects a notable interest in its put options, amidst a backdrop of recent stock performance challenges.