Tata Consultancy Services Ltd. Sees 9,406 Puts Traded at Rs 3,000 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 put options, set to expire on October 28, 2025, have seen significant activity, with 9,406 contracts traded at a strike price of Rs 3,000. This has resulted in a turnover of approximately Rs 512.74 lakhs and an open interest of 7,337 contracts, indicating a robust interest in this option type.
The underlying value of TCS stands at Rs 3,007.3, which places it 4.71% away from its 52-week low of Rs 2,866.6. On the performance front, TCS has outperformed its sector by 0.68% today, with a one-day return of 1.65%, compared to the sector's return of 0.91% and the Sensex's return of 0.57%.

In terms of liquidity, the stock demonstrates sufficient trading capacity, with a delivery volume of 30.03 lakhs on October 17, reflecting a 10.24% increase against the five-day average. While the stock is currently above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. TCS also boasts a high dividend yield of 4.66%, further enhancing its appeal in the market.

In summary, TCS's notable activity in the put options market, combined with its solid performance metrics, underscores its significant position within the industry.