Tata Motors Ltd. Sees Surge in Call Options with 21,186 Contracts at 560 Strike

Tata Motors Ltd., a prominent player in the passenger car segment of the automobile industry, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The options set to expire on April 24, 2025, have seen notable interest, particularly at various strike prices.
The call option with a strike price of 560 recorded the highest trading volume, with 21,186 contracts exchanged and a turnover of approximately Rs 3,199.72 lakhs. Following closely, the 590 strike price option saw 19,542 contracts traded, generating a turnover of Rs 1,571.37 lakhs. Other active strike prices included 620, 630, and 700, with respective contract volumes of 19,598, 17,459, and 22,967, indicating robust market engagement.

In terms of performance metrics, Tata Motors has outperformed its sector by 0.89% today, marking a trend reversal after three consecutive days of decline. The stock reached an intraday high of Rs 606.6, reflecting a gain of 4.63%. Despite this uptick, it remains below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's liquidity is supported by a delivery volume of 1.58 crore shares, which has surged by 174.38% compared to the 5-day average.

Overall, Tata Motors continues to attract attention in the market, driven by substantial trading volumes and a notable recovery in its stock performance.