Tata Consultancy Services Ltd. Sees Surge with 4,209 Active Call Options at Rs 3,100 Strike

Tata Consultancy Services Ltd. (TCS) has emerged as one of the most active stocks today, particularly in the options market. The company, a key player in the Computers - Software & Consulting industry, saw significant activity with 4,209 call contracts traded for an expiry date set for August 28, 2025, at a strike price of Rs 3,100. This trading activity generated a turnover of Rs 202.56 lakhs, while the open interest stood at 15,296 contracts, indicating a robust interest in this option.
Currently, TCS's underlying value is Rs 3,038.6, which places it just 1.57% away from its 52-week low of Rs 2,991.6. Despite this, the stock has shown a slight upward trend, gaining 0.13% over the last two days. However, it underperformed its sector by 0.5% today. The stock has been trading within a narrow range of Rs 21.9, and while it is above its 5-day moving average, it remains below the 20, 50, 100, and 200-day moving averages.

Additionally, TCS boasts a high dividend yield of 4.18%, and its liquidity remains favorable, with a trade size of Rs 15.91 crore based on 2% of the 5-day average traded value. Overall, TCS continues to be a focal point in the market, reflecting both its current performance metrics and investor engagement.