Tata Consultancy Services Ltd. Sees Surge in Call Options with 7,342 Contracts at Rs 3,500 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. The company’s call options, set to expire on July 31, 2025, have seen significant trading activity, with 7,342 contracts exchanged at a turnover of approximately Rs 517.34 lakhs. The strike price for these options is set at Rs 3,500, while the underlying value of TCS stands at Rs 3,396.
Despite the heightened activity in options trading, TCS has faced challenges in its stock performance, experiencing a consecutive decline over the past three days, with a total drop of 1.26%. Currently, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. On the liquidity front, TCS remains accessible for trading, with a delivery volume of 171,000 shares on July 8, reflecting a 24.25% increase compared to the 5-day average.

With a market capitalization of Rs 12,22,081.42 crore, TCS continues to maintain a high dividend yield of 3.7%. Overall, the stock's performance today aligns closely with sector trends, as it recorded a 1D return of -0.84%, slightly underperforming the sector's return of -0.80%.