Tata Consultancy Services Ltd. Sees Surge in Active Put Options with 1,527 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 in the options market today, particularly in the put options segment. The company’s put options, set to expire on September 30, 2025, have seen significant activity, with 1,527 contracts traded at a strike price of Rs 3,100. This activity has generated a turnover of approximately Rs 114.72 lakhs, while the open interest stands at 4,202 contracts, indicating a robust interest in these options.
Currently, TCS's underlying value is Rs 3,118.4, placing it just 4.28% above its 52-week low of Rs 2,991.6. The stock has outperformed its sector by 0.66% today, despite trading within a narrow range of Rs 24.8. Notably, TCS's performance today reflects a one-day return of 0.14%, contrasting with a sector return of -0.20% and a Sensex return of -0.08%.

The stock's liquidity remains healthy, with a trading capacity sufficient for a trade size of Rs 19.33 crore, based on 2% of the five-day average traded value. However, there has been a notable decline in investor participation, with delivery volume dropping by 41.73% compared to the five-day average. TCS continues to maintain a high dividend yield of 4.09%, further emphasizing its position in the market. Overall, TCS's current activity in the options market reflects ongoing interest amid fluctuating investor engagement.