Infosys Ltd Sees Surge in Put Option Activity with 15,177 Contracts Traded at Rs 1480

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 1487.9. Notably, two put options with expiry dates set for August 28, 2025, have seen significant trading activity. The put option with a strike price of Rs 1460 recorded 12,359 contracts traded, generating a turnover of Rs 224.44 lakhs, while the Rs 1480 strike price option saw 15,177 contracts traded, resulting in a turnover of Rs 573.69 lakhs.
The open interest for these options stands at 3,073 and 3,095 contracts, respectively, indicating ongoing interest among traders. Today, Infosys outperformed its sector by 0.35%, with the stock reaching an intraday high of Rs 1523.5, reflecting a 2.42% increase. Despite this positive performance, there has been a noted decline in investor participation, with delivery volume dropping by 16.61% compared to the five-day average. The stock remains liquid, suitable for trades around Rs 20.69 crore based on recent trading activity.

In summary, Infosys Ltd's put options are attracting considerable attention, reflecting the dynamics of the current market environment.