Tata Consultancy Services Ltd. Sees Surge in Active Call Options with 18,947 Contracts at Rs 3,100 Strike

Tata Consultancy Services Ltd. (TCS), a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options with expiry on September 30, 2025, have seen significant trading activity, with 18,947 contracts traded at a strike price of Rs 3,100, resulting in a turnover of approximately Rs 1,552.09 lakhs. Additionally, another call option at a strike price of Rs 3,200 recorded 13,425 contracts traded, contributing to a turnover of Rs 417.01 lakhs.
The underlying value of TCS stands at Rs 3,047, which is notably close to its 52-week low, just 1.69% away from Rs 2,991.6. The stock has been under pressure, having underperformed its sector by 0.49% and experiencing a consecutive decline over the past four days, with a total drop of 2.24%. Today's trading saw an intraday low of Rs 3,028.6, reflecting a decrease of 2.17%.

Despite these challenges, TCS maintains a high dividend yield of 4.1% and remains liquid enough for substantial trades, with a market capitalization of Rs 11,21,426.00 crore. Overall, TCS's current performance metrics indicate a challenging environment, with the stock trading below its key moving averages.