TCS Sees 5,177 Active Put Contracts at Rs 3,000 Strike Amid Declining Participation

Tata Consultancy Services Ltd. (TCS), a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s put options, set to expire on October 28, 2025, with a strike price of Rs 3000, have seen significant trading activity, with 5,177 contracts traded and a turnover of approximately Rs 77.46 lakhs. The open interest stands at 5,965 contracts, indicating a robust interest in these options.
Despite the notable activity in the options market, TCS has underperformed its sector by 0.39% today, with a one-day return of 1.29%. The stock has traded within a narrow range of Rs 18.9, reflecting a cautious trading environment. Currently, the underlying value of TCS is Rs 3045.6, which is higher than its 5-day, 20-day, and 50-day moving averages, but lower than its 100-day and 200-day moving averages.

Investor participation has seen a decline, with delivery volume dropping by 91.46% compared to the 5-day average. However, the stock maintains a high dividend yield of 4.26% and remains liquid enough for trades sized at Rs 19.98 crore, based on 2% of the 5-day average traded value. Overall, TCS continues to be a focal point in the market, reflecting both its established position and the current trading dynamics.