Tata Consultancy Services Sees Surge in Active Put Options with 5,262 Contracts at Rs 3,100

Tata Consultancy Services Ltd. (TCS), a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s put options, set to expire on September 30, 2025, have seen significant activity, with 5,262 contracts traded at a strike price of Rs 3,100. This trading activity has generated a turnover of Rs 344.03 lakhs, while the open interest stands at 5,698 contracts, indicating a robust engagement in this option type.
Currently, TCS's underlying value is Rs 3,098.5, which places it just 3.49% away from its 52-week low of Rs 2,991.6. The stock's performance today aligns closely with its sector, although it has experienced a trend reversal after four consecutive days of gains. Notably, TCS's moving averages indicate that it is performing higher than its 5-day and 20-day averages but lower than its 50-day, 100-day, and 200-day averages.

Investor participation appears to be declining, with a delivery volume of 10.14 lakhs on September 12, reflecting a 24.64% drop compared to the 5-day average. Despite this, TCS maintains a high dividend yield of 4.05% at the current price, and liquidity remains adequate for trades of Rs 14.84 crore based on 2% of the 5-day average traded value. Overall, TCS's current market dynamics highlight a complex interplay of trading activity and performance metrics.