Tata Consultancy Services Ltd. Sees Surge in Active Call Options with 12,830 Contracts Traded

Tata Consultancy Services Ltd. (TCS), a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active stocks today. The company’s call options, set to expire on May 29, 2025, have seen significant trading activity, with 12,830 contracts exchanged at a turnover of approximately Rs 96.99 lakhs. The strike price for these options is set at Rs 3,600, while the underlying value of TCS stands at Rs 3,532.90.
In terms of performance, TCS has outperformed its sector by 0.32% today, despite experiencing a slight decline of 0.38% in its stock price. This follows two consecutive days of gains, indicating a potential trend reversal. The stock's moving averages reveal that it is currently above the 5-day, 20-day, and 50-day averages, but below the 100-day and 200-day averages, suggesting mixed momentum.

Investor participation has shown signs of decline, with delivery volume dropping by 50.84% compared to the 5-day average, totaling 561,000 shares. However, the stock remains liquid enough for trades sized at Rs 11.77 crore, based on 2% of the 5-day average traded value. Overall, TCS continues to be a focal point in the market, reflecting both activity and volatility in its trading dynamics.