Tata Consumer Products Sees Surge in Active Put Options with 7,677 Contracts at Rs 1,000 Strike

Tata Consumer Products Ltd has emerged as one of the most active stocks in the market today, particularly in the options segment, with a significant focus on put options. The underlying stock, trading under the ticker TATACONSUM, has seen 7,677 contracts traded for put options with a strike price of Rs 1,000, reflecting a turnover of approximately Rs 308.11 lakhs. The expiry date for these options is set for April 24, 2025, and the current open interest stands at 1,601 contracts.
In terms of performance, Tata Consumer Products has been gaining traction, recording a 7.27% increase over the last two days. The stock is currently valued at Rs 1,067, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the stock's liquidity remains robust, with a delivery volume of 19.77 lakhs on April 2, which is a notable 91.4% increase compared to the 5-day average.

Despite a slight decline in the broader market, with the Sensex down 0.34%, Tata Consumer Products has managed a one-day return of 0.68%. This activity underscores the stock's resilience and market position within the tea and coffee industry, which is characterized by its large-cap status and a market capitalization of Rs 1,05,870.93 crore. Overall, the current trading dynamics reflect a notable engagement in Tata Consumer Products, particularly in the options market.