Tata Motors Sees Surge in Active Put Options with 29,247 Contracts at Rs 690 Strike

Tata Motors Ltd., a prominent player in the Automobiles - Passenger Cars industry, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s underlying stock, TATAMOTORS, is currently valued at Rs 700.2.
Notably, the put options expiring on May 29, 2025, have seen significant trading activity. The strike price of Rs 690 led the pack with 29,247 contracts traded, resulting in a turnover of approximately Rs 2,539.96 lakhs. Following closely, the Rs 680 strike price recorded 29,792 contracts with a turnover of Rs 2,020.34 lakhs. Other notable strike prices include Rs 650, Rs 660, and Rs 670, with respective contracts traded of 21,146, 14,918, and 19,734, contributing to turnovers of Rs 615.24 lakhs, Rs 563.68 lakhs, and Rs 992.03 lakhs.

In terms of performance, Tata Motors has outperformed its sector by 0.79% today, marking a trend reversal after two consecutive days of decline. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Investor participation has also increased, with a delivery volume of 1.01 crore shares, up 12.28% from the 5-day average.

Overall, Tata Motors continues to demonstrate robust activity in the options market, reflecting its significant market presence and liquidity, with a market capitalization of Rs 2,58,117.77 crore.