Tata Motors Ltd. Sees Surge in Active Call Options with 15,117 Contracts at Rs 700 Strike

Tata Motors Ltd., a prominent player in the automobile industry, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, TATAMOTORS, is currently valued at Rs 694.75. Notably, two call options with expiry dates set for July 31, 2025, have garnered significant attention. The option with a strike price of Rs 700 saw 15,117 contracts traded, resulting in a turnover of Rs 772.78 lakhs, while the Rs 710 strike price option recorded 8,754 contracts traded and a turnover of Rs 212.20 lakhs.
Open interest for these options stands at 6,917 and 5,368 contracts, respectively, indicating a robust interest in these strike prices. Performance metrics reveal that Tata Motors has outperformed its sector by 0.72% today, with a 1D return of 0.87%, contrasting with the sector's 0.17% and the Sensex's slight decline of 0.08%. The stock is currently trading above its 5-day, 20-day, and 100-day moving averages, although it remains below the 50-day and 200-day averages.

Despite a noted decrease in delivery volume, which has fallen by 27.3% against the 5-day average, Tata Motors maintains sufficient liquidity for trades up to Rs 15.26 crore. Overall, the activity surrounding Tata Motors reflects a dynamic trading environment, underscoring its position within the large-cap automobile sector.