Tata Motors' 390 Strike Put Options Surge with 3,124 Contracts Traded Today

Tata Motors Ltd. has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, a significant player in the automobiles industry, has seen notable activity with its put options set to expire on October 28, 2025. The strike price for these options is set at Rs 390, with a total of 3,124 contracts traded, resulting in a turnover of approximately Rs 116.96 lakhs. The open interest stands at 3,573 contracts, indicating a robust interest in this option.
In terms of performance, Tata Motors has been gaining traction, recording a 2.52% increase over the last two days. However, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a potential trend reversal. The stock's liquidity remains adequate, with a trading value of Rs 31.5 crore, based on 2% of the 5-day average traded value.

Despite a one-day return of 1.42%, investor participation has seen a decline, with delivery volume dropping by 41.17% compared to the 5-day average. Overall, Tata Motors continues to be a focal point in the market, reflecting both its current performance and the dynamics of investor interest in its options.