Tata Motors Sees Surge in Put Options: 11,845 Contracts at Rs 580 Strike Price

Tata Motors Ltd., a prominent player in the Automobiles - Passenger Cars sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s stock, currently valued at Rs 584.5, has seen significant activity in put options set to expire on April 24, 2025.
Among the notable trades, the put option with a strike price of Rs 580 led the pack with 11,845 contracts traded, resulting in a turnover of approximately Rs 1,104.90 lakhs. Other active puts include those with strike prices of Rs 590, Rs 560, and Rs 550, with respective contract volumes of 7,923, 7,599, and 9,054, contributing to a total turnover of Rs 919.90 lakhs, Rs 441.77 lakhs, and Rs 421.78 lakhs.

Today, Tata Motors outperformed its sector by 2.15%, opening with a gain of 4.65% and reaching an intraday high of Rs 612.8, reflecting a 5.13% increase. However, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a trend reversal. Despite a one-day return of 3.80%, there has been a noted decline in investor participation, with delivery volumes falling by 12.82% compared to the 5-day average.

In summary, Tata Motors is experiencing heightened activity in its put options, reflecting a complex interplay of market dynamics and investor behavior.