Tata Consultancy Services Sees 3,097 Contracts in High-Volume 3000 Strike Puts

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 3027.8, has seen significant trading activity in its put options set to expire on October 28, 2025.
Notably, the put option with a strike price of Rs 3000 recorded the highest activity, with 3,097 contracts traded and a turnover of Rs 288.87 lakhs, alongside an open interest of 8,165 contracts. The Rs 2900 strike price option followed closely, with 1,876 contracts traded and a turnover of Rs 76.43 lakhs, while the Rs 2800 strike price option saw 1,819 contracts traded and a turnover of Rs 31.90 lakhs.

In terms of performance, TCS underperformed its sector by 0.64% today, with a one-day return of 0.18%. The stock is currently trading above its 5-day moving average but below its longer-term moving averages. Investor participation has increased, with a delivery volume of 24.94 lakhs on October 8, reflecting a 73.8% rise compared to the 5-day average. The stock maintains a high dividend yield of 4.2% and exhibits sufficient liquidity for trades up to Rs 18.28 crores.

In summary, Tata Consultancy Services Ltd. is witnessing notable activity in its put options, reflecting a dynamic trading environment as investors navigate current market conditions.