Tata Consultancy Services Ltd. Sees Surge in Active Put Options with 5,873 Contracts at Rs 3000 Strike

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 August 28, 2025, with a strike price of Rs 3000, saw significant activity with 5,873 contracts traded, resulting in a turnover of approximately Rs 268.25 lakhs. The open interest for these puts stands at 6,140 contracts, indicating a robust interest among traders.
Currently, TCS is trading at Rs 3030.1, just 1.14% away from its 52-week low of Rs 2991.6. The stock has underperformed its sector by 1% today, with a one-day return of -0.24%. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a downward trend. Additionally, the stock has experienced a decline in investor participation, with delivery volume dropping by 11.18% compared to the 5-day average.

Despite these challenges, TCS maintains a high dividend yield of 4.18%, and its liquidity remains adequate for trading, with a size of Rs 15.91 crore based on 2% of the 5-day average traded value. Overall, the activity in TCS's put options highlights the current market dynamics surrounding this large-cap stock.