Tata Consultancy Services Ltd. Sees 6,105 Put Contracts Trade at Rs. 2900 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 October 28, 2025, have seen significant trading activity, with 6,105 contracts exchanged, resulting in a turnover of approximately Rs 747.22 lakhs. The strike price for these puts is set at Rs 2,900, while the underlying stock is currently valued at Rs 2,891.
Today, TCS reached a new 52-week low of Rs 2,882.6, reflecting a performance that aligns with sector trends. The stock has not experienced any consecutive falls, maintaining a stable return of 0% over the recent period. However, it has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Investor participation has shown signs of decline, with delivery volume dropping by 39.23% compared to the 5-day average. Despite these challenges, TCS boasts a high dividend yield of 4.4% at its current price, and liquidity remains adequate for trades around Rs 20.59 crore, based on 2% of the 5-day average traded value.

In summary, TCS's notable activity in the put options market today highlights the stock's current market dynamics and performance indicators, reflecting a cautious sentiment among investors.