Tata Consultancy Services Ltd. Sees Surge in Active Put Options with 2,306 Contracts at Rs 3,200 Strike

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 trading activity, with 2,306 contracts traded at a strike price of Rs 3,200. This activity has generated a turnover of approximately Rs 165.09 lakhs, while the open interest stands at 3,422 contracts, indicating a robust interest in this option type.
Despite the notable trading volume, TCS has underperformed its sector by 0.57% today, although it has shown a positive trend over the past three days, gaining 2.57% in returns. The stock has been trading within a narrow range of Rs 18, and its current underlying value is Rs 3,193.1.

In terms of moving averages, TCS is performing higher than its 5-day, 20-day, and 50-day averages but remains below its 100-day and 200-day averages. The stock's liquidity is adequate, with a delivery volume of 17.04 lakhs, reflecting a 39.68% increase compared to the 5-day average. TCS also boasts a high dividend yield of 4% at the current price.

In summary, while TCS has shown some positive momentum recently, its performance today highlights a mixed picture in the context of broader market trends.