Tata Consultancy Services Ltd. Sees Surge in Active Call Options with 21,880 Contracts Traded

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 July 31, 2025, have seen significant trading activity, with 21,880 contracts exchanged, resulting in a turnover of Rs 322.02 lakhs. The strike price for these options is set at Rs 3,200, while the underlying value of TCS currently stands at Rs 3,144.90.
Despite this activity, TCS has been facing challenges in the market. The stock is currently trading close to its 52-week low, just 1.26% away from Rs 3,056.05. Over the past three days, TCS has experienced a decline of 2.65%, underperforming its sector by 0.46%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Investor participation has also waned, with a delivery volume of 191,200 shares on July 25, reflecting a 19.99% decrease compared to the 5-day average. Despite these challenges, TCS maintains a high dividend yield of 4.05%, and its liquidity remains adequate for trading, with a market cap of Rs 11,34,035.00 crore. Overall, TCS's current performance highlights the complexities of its market position amidst fluctuating investor interest.