Tata Consultancy Services Ltd. Sees 2,301 Active Put Options at Rs. 3,000 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, particularly in the options market. The company’s put options, set to expire on July 31, 2025, have seen significant activity, with 2,301 contracts traded at a strike price of Rs. 3,000. This trading activity has generated a turnover of approximately Rs. 16.71 lakhs, while the open interest stands at 2,509 contracts, indicating ongoing interest in these options.
Today, TCS reached a new 52-week low of Rs. 3,027.7, reflecting a broader trend as the stock has experienced a consecutive decline over the past six days, resulting in a total drop of 4.74%. The stock's performance today aligns with sector trends, showing a one-day return of -0.72%, slightly better than the sector's -0.95% and the Sensex's -0.64%.

Despite the recent downturn, TCS maintains a high dividend yield of 4.16% at its current price. The stock's liquidity remains robust, with a trading volume of 23.57 lakhs, which is 2% of the five-day average traded value, allowing for a trade size of Rs. 21.39 crores. Overall, TCS's current market position reflects a challenging environment, marked by falling investor participation and trading below key moving averages.