Tata Consultancy Services Ltd. Sees Surge in Active Call Options at Rs 3,300 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 stock is currently trading at an underlying value of Rs 3,239.2, reflecting a decline of 0.80% in its one-day return, which is slightly better than the sector's decline of 0.99%.
Today, TCS saw significant activity in call options with multiple strike prices set for expiry on July 31, 2025. The most notable was the call option with a strike price of Rs 3,300, where 6,249 contracts were traded, resulting in a turnover of Rs 339.34 lakhs and an open interest of 10,812 contracts. Other active strike prices included Rs 3,400 with 6,340 contracts traded and a turnover of Rs 121.71 lakhs, and Rs 3,260 with 2,645 contracts traded, contributing Rs 214.26 lakhs to the turnover.

Despite the recent consecutive decline of 5.32% over the past six days, TCS maintains a high dividend yield of 3.86% and has shown rising investor participation, with delivery volume increasing by 305.4% compared to the five-day average. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position. Overall, TCS remains a focal point in today’s trading activity, reflecting both the volatility and liquidity present in the market.