Tata Consultancy Services Ltd. Sees Surge in Active Put Options with 3,876 Contracts Traded

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 September 30, 2025, with a strike price of Rs 3000, have seen significant trading activity, with 3,876 contracts traded and a turnover of Rs 220.92 lakhs. The open interest stands at 5,396 contracts, indicating a robust interest in these options.
Currently, TCS is valued at Rs 3050.0, which places it just 3.64% away from its 52-week low of Rs 2991.6. The stock has shown a positive performance trend, gaining 2.84% over the last two days, aligning closely with the IT - Software sector's overall gain of 2.1%. Despite this upward movement, TCS's moving averages indicate mixed signals, being higher than the 5-day and 20-day averages but lower than the longer-term 50-day, 100-day, and 200-day averages.

Investor participation has seen a decline, with delivery volume dropping by 14.21% compared to the 5-day average. However, the stock maintains a high dividend yield of 4.16% and demonstrates sufficient liquidity for trades sized at Rs 15.02 crore, based on 2% of the 5-day average traded value. Overall, TCS's current activity in the options market reflects a notable engagement from traders, underscoring its position within the industry.