Tata Consultancy Services Ltd. Sees Surge in Call Options with 20,132 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 June 26, 2025, have seen significant trading activity, with 20,132 contracts exchanged, resulting in a turnover of approximately Rs 1,617.81 lakhs. The strike price for these options is set at Rs 3,500, while the underlying value of TCS stands at Rs 3,461.90.
Despite the notable activity, TCS has experienced a slight decline of 0.22% today, which contrasts with the sector's performance, which fell by 0.17%. This marks a trend reversal for TCS, as the stock had previously gained for three consecutive days. The stock has traded within a narrow range of Rs 18.6, indicating limited volatility.

In terms of moving averages, TCS is currently above its 5-day and 50-day averages but below the 20-day, 100-day, and 200-day averages. Additionally, the stock's delivery volume has decreased by 9.36% compared to the 5-day average, reflecting a decline in investor participation. With a market capitalization of Rs 12,50,121.60 crore, TCS maintains a high dividend yield of 3.64%, showcasing its financial stability. Overall, TCS remains a key focus in the market today, reflecting both activity and underlying trends.