Tata Consultancy Services Sees 5,085 Contracts in 3000 Strike Price Puts 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 stock, currently valued at Rs 3032.4, has seen significant trading activity in puts with various strike prices set for expiry on October 28, 2025.
Notably, the put option with a strike price of Rs 3000 recorded the highest activity, with 5,085 contracts traded and a turnover of Rs 524.14 lakhs, alongside an open interest of 7,309 contracts. The Rs 2900 strike price put followed closely, with 3,888 contracts traded and a turnover of Rs 174.93 lakhs, while the Rs 2800 strike price put saw 2,538 contracts traded and a turnover of Rs 45.30 lakhs.

In terms of performance, TCS has outperformed its sector by 0.48% today, with a one-day return of 1.99%, compared to the sector's return of 1.72% and the Sensex's return of 0.33%. The stock is currently trading above its 5-day moving average but below its longer-term moving averages, indicating mixed momentum. Despite a slight decline in investor participation, with delivery volume down by 2.7% against the 5-day average, TCS maintains a high dividend yield of 4.27% and sufficient liquidity for trading.

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.