Tata Consultancy Services Ltd. Sees Surge in Active Put Options with 9,963 Contracts at Rs 3000 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 put options. The company’s stock, currently valued at Rs 3221.3, has seen significant trading activity in various put options set to expire on July 31, 2025.
Among the notable trades, the put option with a strike price of Rs 3000 recorded 9,963 contracts traded, generating a turnover of Rs 86.48 lakhs and an open interest of 5,198 contracts. Similarly, the strike price of Rs 3300 saw 7,432 contracts traded, with a turnover of Rs 1,227.12 lakhs and an open interest of 6,861. Other strike prices, including Rs 3100, Rs 3220, and Rs 3240, also exhibited robust trading volumes, contributing to a total turnover across all put options.

On the performance front, TCS has outperformed its sector by 0.32% today, marking a trend reversal after six consecutive days of decline. The stock has traded within a narrow range of Rs 31.3 and is currently below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, the stock's liquidity remains strong, with a delivery volume of 28.8 lakhs, reflecting a 27.11% increase compared to the 5-day average.

In summary, TCS's active put options trading highlights a significant engagement in the options market, reflecting the stock's current dynamics and investor behavior without delving into future implications.