Mphasis Ltd. Sees Surge in Active Put Options with 3,483 Contracts at Rs 2,400 Strike

Mphasis 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 put options, set to expire on June 26, 2025, have seen significant trading activity, with 3,483 contracts traded at a strike price of Rs 2,400. This activity has generated a turnover of approximately Rs 557.04 lakhs, while the open interest stands at 479 contracts, indicating a notable level of engagement from investors.
Despite this activity, Mphasis has underperformed its sector by 2.04% today, with the stock experiencing a consecutive decline over the past two days, resulting in a total return of -3.03%. The stock opened with a gap down of 3.8% and reached an intraday low of Rs 2,386.7, reflecting a decrease of 6.73%. The weighted average price suggests that more volume was traded closer to this low price.

While Mphasis is currently trading above its 50-day moving averages, it remains below the 5-day, 20-day, 100-day, and 200-day moving averages. Notably, there has been a rise in investor participation, with a delivery volume of 3.27 lakhs on May 30, up by 42.93% compared to the five-day average. The stock's liquidity remains robust, accommodating trades of up to Rs 2.15 crore based on 2% of the five-day average traded value.

In summary, Mphasis Ltd. is witnessing significant activity in its put options amid a challenging trading environment, characterized by recent declines and fluctuating investor engagement.