Tata Consultancy Services Ltd. Sees Surge with 9,127 Active Put Options at Rs 3,200 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 July 31, 2025, have seen significant trading activity, with 9,127 contracts traded at a strike price of Rs 3,200. This activity has generated a turnover of approximately Rs 465.59 lakhs, while the open interest stands at 6,689 contracts, indicating a robust interest in these options.
Despite the heightened activity in the options market, TCS has underperformed its sector by 0.81% today, with a one-day return of -0.74%. The stock has been trading within a narrow range of Rs 24 and is currently valued at Rs 3,252. Notably, TCS is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a downward trend in its price performance.

Investor participation has also seen a decline, with delivery volume dropping by 31.36% compared to the 5-day average. However, the stock maintains a high dividend yield of 3.87% and demonstrates sufficient liquidity for trading, with a trade size of Rs 26.97 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.