Tata Consultancy Services Ltd. Sees 7,263 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 August 28, 2025, have seen significant activity, with 7,263 contracts traded at a strike price of Rs 3,000. This has resulted in a turnover of approximately Rs 187.60 lakhs and an open interest of 7,481 contracts, indicating a robust interest in this option type.
Currently, TCS is valued at Rs 3,068, just 2.5% away from its 52-week low of Rs 2,991.6. The stock has shown a positive performance trend, gaining 1.9% over the last two days, aligning closely with sector performance. While the stock's moving averages indicate it is above the 5-day average, it remains below the longer-term averages of 20, 50, 100, and 200 days.

Investor participation has also increased, with a delivery volume of 21.18 lakhs on August 19, reflecting an 11.14% rise against the 5-day average. TCS boasts a high dividend yield of 4.21%, and its liquidity remains favorable for trading, with a size of Rs 18.17 crore based on 2% of the 5-day average traded value. Overall, TCS's current activity in the options market highlights its ongoing significance in the financial landscape.