Tata Motors Call Options Surge: 6,020 Contracts at Rs 800 Strike Traded Today

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 710.45. Notably, two call options with expiry dates set for October 28, 2025, have garnered significant trading activity.
The first option, with a strike price of Rs 720, saw 5,247 contracts traded, resulting in a turnover of Rs 389.12 lakhs and an open interest of 12,272 contracts. Meanwhile, the second option, priced at Rs 800, recorded 6,020 contracts traded, with a turnover of Rs 32.75 lakhs and an open interest of 15,629 contracts.

Despite this activity, Tata Motors has underperformed its sector by 0.54% today, continuing a trend of decline with a 1.2% drop over the past three days. The stock has been trading within a narrow range of Rs 6.55 and remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, investor participation appears to be waning, with delivery volume decreasing by 38.05% compared to the 5-day average.

In summary, while Tata Motors is experiencing notable options trading activity, the stock's recent performance reflects a challenging market environment.