Tata Consultancy Services Ltd. Sees Surge in Call Options with 8,430 Contracts at ₹3200 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. The company is witnessing significant activity in its call options, particularly with contracts expiring on September 30, 2025.
Notably, the call option with a strike price of 3160 saw 6,425 contracts traded, generating a turnover of approximately Rs 538.80 lakhs, while the option with a strike price of 3200 recorded 8,430 contracts traded, resulting in a turnover of around Rs 455.70 lakhs. The open interest for the 3160 strike stands at 3,605 contracts, and for the 3200 strike, it is considerably higher at 11,106 contracts. The underlying value of TCS is currently at Rs 3165.2.

In terms of performance, TCS has shown a 1.7% increase over the past two days, aligning with sector performance. The stock's price movement is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day averages. Additionally, the stock boasts a high dividend yield of 4.04% and has demonstrated increased investor participation, with a delivery volume of 15.09 lakhs on September 16, reflecting a 32.55% rise compared to the 5-day average.

In summary, TCS's active options trading and solid performance metrics highlight its current market position and investor engagement.