Tata Motors Sees Surge in Active Put Options with 3,302 Contracts Traded at Rs 690 Strike

Tata Motors Ltd., a prominent player in the automobiles industry, has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company’s underlying stock, TATAMOTORS, is currently valued at Rs 695.75. Notably, a total of 3,302 put contracts were traded with a turnover of Rs 393.04 lakhs, indicating significant activity among investors. The put options have a strike price of Rs 690 and are set to expire on July 31, 2025, with an open interest of 3,766 contracts.
In terms of performance, Tata Motors has underperformed its sector by 0.4% today, although it has shown a positive trend over the past two days, gaining 1.67% during this period. The stock's current price is above its 5-day, 20-day, 50-day, and 100-day moving averages, yet it remains below the 200-day moving average, suggesting mixed signals in its longer-term trend.

Investor participation appears to be declining, with a delivery volume of 30.59 lakhs on July 2, down 20.29% compared to the 5-day average. Despite this, the stock maintains adequate liquidity, supporting a trade size of Rs 11.83 crores based on 2% of the 5-day average traded value. Overall, Tata Motors continues to be a focal point in the market, reflecting both current trading dynamics and investor behavior.