TCS Call Options Surge: Rs 759.08 Lakhs Turnover at Rs 3000 Strike Price

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 options activity reflects significant trading interest, particularly in call options set to expire on October 28, 2025. Notably, the call option with a strike price of Rs 3,100 saw 4,570 contracts traded, generating a turnover of Rs 211.85 lakhs, while the Rs 3,000 strike price option recorded 7,239 contracts traded with a turnover of Rs 759.08 lakhs. The open interest for these options stands at 9,550 and 19,035 contracts, respectively.
Currently, TCS is valued at Rs 2,965.6, which places it 3.15% away from its 52-week low of Rs 2,866.6. The stock has underperformed its sector by 0.82% today, with a 1-day return of -0.77%, contrasting with the Sensex's slight gain of 0.23%. Despite being above the 5-day moving average, TCS remains below the 20, 50, 100, and 200-day moving averages, indicating a mixed performance trend. Additionally, the stock boasts a high dividend yield of 4.25% and maintains sufficient liquidity for trades around Rs 15.72 crore, although delivery volume has decreased significantly by 51.26% compared to the 5-day average. Overall, TCS's current trading dynamics reflect a complex interplay of market factors and investor behavior.