Tata Consultancy Services Ltd. Sees Surge in Active Put Options with 7,399 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, particularly in the options market. The company’s put options, set to expire on September 30, 2025, have seen significant activity, with 7,399 contracts traded at a strike price of Rs 3,000. This has resulted in a turnover of approximately Rs 478.44 lakhs and an open interest of 5,261 contracts, indicating a robust engagement from market participants.
Currently, TCS is valued at Rs 3,024.7, just 1.81% away from its 52-week low of Rs 2,991.6. The stock has underperformed its sector by 0.7% today, although it has shown signs of a trend reversal after five consecutive days of decline. The stock traded within a narrow range of Rs 23.2, and its performance metrics reveal that it is currently below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Investor participation has seen a notable increase, with delivery volume rising by 70.87% compared to the 5-day average. TCS also boasts a high dividend yield of 4.2% at its current price, and liquidity remains strong, accommodating trades of up to Rs 14.63 crore based on 2% of the 5-day average traded value. Overall, TCS's activity in the options market reflects a dynamic trading environment, underscoring its position within the large-cap segment of the market.