Tata Motors Ltd. Sees Surge in Call Options Activity with 5,140 Contracts at 670 Strike Price

Tata Motors Ltd., a prominent player in the Automobiles - Passenger Cars sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, currently valued at Rs 663.6, has shown a robust performance, outperforming its sector by 0.78% and gaining 7.91% over the past five days.
Today, notable call options for Tata Motors include contracts with expiry on April 24, 2025, across various strike prices. The 670 strike price saw the highest trading volume with 5,140 contracts exchanged, contributing to a turnover of Rs 81.31 lakhs and an open interest of 3,439 contracts. The 680 strike price followed closely with 3,230 contracts traded and a turnover of Rs 22.26 lakhs, while the 660 and 700 strike prices recorded 3,064 and 3,733 contracts traded, respectively.

The stock's liquidity remains strong, with a delivery volume of 88.23 lakhs on April 23, marking a 57.79% increase compared to the five-day average. Additionally, Tata Motors has maintained trading levels above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day averages. Overall, Tata Motors continues to demonstrate a solid market position amidst active trading dynamics.