Tata Consultancy Services Ltd. Sees 15,775 Active Call Options at Rs 3,500 Strike

Tata Consultancy Services Ltd. (TCS), a prominent player in the IT software industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options, set to expire on May 29, 2025, have seen significant trading activity, with 15,775 contracts exchanged at a turnover of approximately Rs 1,899.63 lakhs. The strike price for these options is set at Rs 3,500, while the underlying value of TCS shares currently stands at Rs 3,453.40.
Despite this activity, TCS has underperformed its sector by 0.55% today, with a 1-day return of -0.79%. The stock is currently trading above its 5-day moving average but below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed performance trends. Additionally, the stock has experienced a decline in investor participation, with delivery volume dropping by 14.26% compared to the 5-day average.

TCS boasts a high dividend yield of 3.6% at its current price, and its liquidity remains robust, accommodating trade sizes of Rs 19.28 crore based on 2% of the 5-day average traded value. Overall, TCS continues to be a focal point in the market, reflecting both its established position and the current trading dynamics.