Tata Consultancy Services Ltd. Sees Surge in Active Put Options with 2,507 Contracts at Rs 3,400 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 put options. The stock, currently valued at Rs 3,390.8, has seen significant trading activity in various put options set to expire on July 31, 2025.
Among the notable transactions, the put option with a strike price of Rs 3,400 recorded 2,507 contracts traded, generating a turnover of Rs 381.74 lakhs and an open interest of 6,082 contracts. Similarly, the Rs 3,360 strike price saw 2,319 contracts traded with a turnover of Rs 281.06 lakhs and an open interest of 1,695. Other strike prices, including Rs 3,300, Rs 3,380, and Rs 3,200, also demonstrated robust trading volumes, contributing to a total turnover exceeding Rs 1,000 lakhs across all active puts.

Today's performance indicates a slight recovery for TCS, gaining 0.25% after three consecutive days of decline. However, it remains below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a challenging trend. The stock's liquidity remains adequate, with a delivery volume of 13.26 lakhs, although this has decreased by 7.76% compared to the 5-day average.

In summary, TCS's active put options trading highlights a notable shift in market dynamics, with significant volumes and turnover reflecting investor engagement amid a fluctuating stock performance.