Tata Consultancy Services Ltd. Sees 8,895 Put Contracts Traded at Rs 3,060 Strike Price

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 underlying stock is currently valued at Rs 3068.7, with a notable put option expiring on October 28, 2025, at a strike price of Rs 3060.
Today, a total of 8,895 contracts were traded, resulting in a turnover of approximately Rs 203.76 lakhs. The open interest stands at 1,821 contracts, indicating a significant level of activity and interest among traders.

In terms of performance, TCS has shown a one-day return of -0.18%, slightly better than the sector's return of -0.32% and the Sensex's decline of -0.61%. The stock has been trading within a narrow range of Rs 29, and its current price is above the 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

Investor participation has seen a rise, with a delivery volume of 44.37 lakhs on October 23, reflecting a 112.35% increase compared to the 5-day average. TCS also boasts a high dividend yield of 4.16%, contributing to its attractiveness in the market. Overall, TCS's activity in the options market today highlights its ongoing relevance and liquidity within the large-cap segment.