Tata Consultancy Services Ltd. Sees Surge in Call Options with 21,480 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 July 31, 2025, have seen significant trading activity, with 21,480 contracts traded at a strike price of Rs 3,100, resulting in a turnover of Rs 781.872 lakhs and an open interest of 1,840 contracts. Additionally, another call option at a strike price of Rs 3,200 recorded 24,237 contracts traded, generating a turnover of Rs 121.306 lakhs and an open interest of 8,152 contracts.
Currently, TCS is valued at Rs 3,085.8, just 0.27% away from its 52-week low of Rs 3,056.05. The stock has been on a downward trend, losing 3.61% over the past four days, and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite this, there has been a notable increase in delivery volume, which rose by 6.17% against the 5-day average, indicating rising investor participation. With a high dividend yield of 4.12% and sufficient liquidity for trading, TCS remains a focal point in the market today.