Tata Consultancy Services Ltd. Sees 3,038 Contracts in High-Volume 2900 Strike Put Options

Tata Consultancy Services Ltd. (TCS), a prominent player in the Computers - Software & Consulting industry, has seen significant activity in its put options today, particularly with an expiry date set for October 28, 2025. The stock, currently valued at Rs 2965.7, is trading close to its 52-week low, just 3.15% away from Rs 2866.6.
Among the most active puts, the 2900 strike price led with 3,038 contracts traded, generating a turnover of Rs 212.57 lakhs and an open interest of 7,625. The 3000 strike price followed closely, with 2,538 contracts traded and a turnover of Rs 378.08 lakhs, while the 2960 and 2980 strike prices recorded 2,556 and 1,587 contracts traded, respectively.

Despite today's notable put activity, TCS underperformed its sector by 0.82%, with a one-day return of -0.77%. The stock's liquidity remains robust, accommodating trades up to Rs 15.72 crore, although investor participation has declined, with delivery volume dropping by 51.26% against the five-day average.

In summary, TCS's put options are experiencing heightened trading activity, reflecting current market dynamics, while the stock itself is navigating a challenging performance landscape.