TCS Call Options Surge with 3,244 Contracts at Rs 3,100 Strike Amid Volatility

Tata Consultancy Services Ltd. (TCS), a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active stocks today. The company’s call options, set to expire on August 28, 2025, have seen significant trading activity, with 3,244 contracts exchanged at a turnover of Rs 256.88 lakhs. The strike price for these options is set at Rs 3,100, while the underlying stock is currently valued at Rs 3,023.2.
Today, TCS reached a new 52-week low of Rs 3,027, reflecting a challenging period for the stock, which has experienced a consecutive decline over the past six days, resulting in a total drop of 4.74%. The stock has been trading within a narrow range of Rs 18, and it is currently positioned below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Despite these challenges, there has been a notable increase in investor participation, with a delivery volume of 23.57 lakhs on July 30, up by 0.75% compared to the 5-day average. TCS also boasts a high dividend yield of 4.16% at its current price, indicating a level of liquidity sufficient for trades around Rs 21.39 crore, based on 2% of the 5-day average traded value. Overall, TCS's performance today aligns closely with sector trends, as both the stock and the broader market faced declines.