Tata Motors Sees Surge in Active Put Options with 21,310 Contracts at Rs 620 Strike

Tata Motors Ltd., a prominent player in the Automobiles - Passenger Cars industry, has emerged as one of the most active stocks in the market today, particularly in the options segment. The company’s put options, set to expire on April 24, 2025, have seen significant activity, with 21,310 contracts traded at a strike price of Rs 620. This has resulted in a turnover of approximately Rs 511.01 lakhs, while the open interest stands at 3,062 contracts, reflecting a robust trading environment.
Today, Tata Motors' underlying stock value is reported at Rs 630.25, showcasing a performance that has outpaced its sector by 0.45%. The stock has been on a positive trajectory, gaining 2.76% over the last three days. However, it is noteworthy that while the stock is currently above its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages.

Despite this upward trend, there has been a decline in investor participation, with delivery volume dropping by 15.89% compared to the 5-day average. Nevertheless, the stock maintains sufficient liquidity for trades, with a size of Rs 18.42 crore based on 2% of the 5-day average traded value.

In summary, Tata Motors continues to demonstrate notable activity in the options market, reflecting its current market position and trading dynamics without delving into future implications.