Tata Consultancy Services Ltd. Sees 2,583 Active Put Contracts at Rs 3,100 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 2,583 contracts traded at a strike price of Rs 3,100. This activity has generated a turnover of approximately Rs 187.68 lakhs, while the open interest stands at 4,451 contracts, indicating a robust interest in these options.
In terms of stock performance, TCS has outperformed its sector by 0.36% today, marking a consecutive gain over the last two days with a total return of 2.14%. The underlying value of TCS is currently at Rs 3,151.5. The stock is trading above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages, suggesting mixed momentum.

Despite a notable decline in investor participation, with delivery volume dropping by 74.64% compared to the 5-day average, TCS maintains a high dividend yield of 4.08% and sufficient liquidity for trades sized at Rs 21.1 crore. The stock's one-day return stands at 1.23%, outperforming the sector and the broader Sensex, which returned 0.83% and 0.51%, respectively. Overall, TCS continues to demonstrate significant activity in the market, reflecting its established position within the industry.