Tata Communications Sees Surge in Active Call Options with 14,371 Contracts at Rs 1800 Strike

Tata Communications Ltd, a prominent player in the Telecom Services industry, has emerged as one of the most active stocks today, reflecting significant trading activity. The stock, identified by the ticker TATACOMM, has seen a notable surge, outperforming its sector by 4.87%. Over the past two days, Tata Communications has recorded a consecutive gain, rising 4.34% and reaching an intraday high of Rs 1813.1, marking a 4.71% increase.
Today, the call options for Tata Communications, set to expire on July 31, 2025, have attracted considerable attention, with 14,371 contracts traded at a strike price of Rs 1800. The turnover for these options reached approximately Rs 198.63 million, while the open interest stands at 2,803 contracts, indicating robust market engagement.

In terms of performance metrics, Tata Communications is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. However, it is worth noting a decline in delivery volume, which has fallen by 69.6% compared to the 5-day average, indicating a potential shift in investor participation. Overall, Tata Communications continues to demonstrate resilience in a competitive market landscape.