Tata Elxsi's Rs 5600 Call Options Lead with 7,721 Contracts Traded

Tata Elxsi Ltd., a prominent player in the Computers - Software & Consulting sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, TATAELXSI, has seen significant trading activity in call options set to expire on October 28, 2025. Notably, the call option with a strike price of Rs 5600 recorded the highest volume, with 7,721 contracts traded and a turnover of Rs 895.25 lakhs. This was closely followed by the Rs 6000 strike price option, which saw 5,439 contracts traded and a turnover of Rs 130.37 lakhs.
Despite this activity, Tata Elxsi's stock has underperformed the sector by 1.94%, reflecting a day’s return of -2.03%. The stock reached an intraday low of Rs 5406, marking a decline of 3%. The weighted average price indicates that more volume was traded near this low price, while the stock remains above its 5-day moving average but below its longer-term moving averages.

With an open interest of 2,429 for the Rs 6000 strike and 2,316 for the Rs 5500 strike, investor participation appears robust, with delivery volume rising significantly. Overall, Tata Elxsi's current trading dynamics highlight a complex interplay of market activity and performance metrics, underscoring its position in the mid-cap segment with a market capitalization of Rs 34,695 crore.