Tata Consultancy Services Ltd. Sees Surge in Active Put Options with 2,967 Contracts at Rs 3,000 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 August 28, 2025, have seen significant trading activity, with 2,967 contracts traded at a strike price of Rs 3,000. This activity has generated a turnover of approximately Rs 90.76 lakhs, while the open interest stands at 6,164 contracts, indicating a robust interest in this option.
Currently, TCS is valued at Rs 3,087.4, which places it just 2.17% away from its 52-week low of Rs 2,991.6. Despite a slight underperformance today, with a return of -0.29% compared to its sector, the stock has shown resilience, gaining 0.71% over the past two days. The stock's performance metrics reveal that it is trading above its 5-day moving averages but below its longer-term averages, suggesting mixed momentum.

Investor participation has seen a decline, with delivery volume dropping by 16.42% against the 5-day average. However, TCS maintains a high dividend yield of 4.17%, and its liquidity remains favorable for trades around Rs 13.41 crore, based on 2% of the 5-day average traded value. Overall, TCS continues to navigate a complex market landscape, reflecting both challenges and opportunities within its operational framework.