Tata Consultancy Services Sees 4,056 Put Contracts Traded at Rs 3,000 Strike Price

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 November 25, 2025, with a strike price of Rs 3000, have seen significant trading activity, with 4,056 contracts traded and a turnover of approximately Rs 364.91 lakhs. The open interest stands at 5,888 contracts, indicating a robust interest in these options.
Currently, TCS is trading at an underlying value of Rs 2981.2, which places it just 3.85% away from its 52-week low of Rs 2866.6. The stock has experienced a decline of 2.51% over the past two days, reflecting a broader trend as it trades below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock's liquidity remains adequate, with a delivery volume of 13.84 lakhs, although this has decreased by 12.23% compared to the 5-day average.

In terms of performance, TCS has recorded a one-day return of -1.12%, slightly underperforming its sector, which saw a return of -1.02%. The company maintains a high dividend yield of 4.24%, contributing to its attractiveness in the market. Overall, TCS's current activity in the options market reflects ongoing trends and investor behavior, highlighting its position within the industry.