Tata Motors Ltd. Sees Surge in Call Options Activity with 63,421 Contracts at Rs 740

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 729.2. Notably, the call options expiring on May 29, 2025, have seen significant trading activity across various strike prices.
The strike price of Rs 740 led the activity with 63,421 contracts traded, resulting in a turnover of approximately Rs 2,340.55 lakhs and an open interest of 10,781 contracts. Following closely, the Rs 730 strike price recorded 33,054 contracts traded and a turnover of Rs 1,845.24 lakhs, with an open interest of 5,391. The Rs 750 strike price also attracted attention, with 36,419 contracts traded and a turnover of Rs 761.16 lakhs, alongside an open interest of 9,554.

In terms of performance, Tata Motors has experienced a slight decline of 1.03% today, which is in line with the sector's performance, reflecting a 1.01% drop. The stock has fallen after two consecutive days of gains, and while it remains above the 5-day, 20-day, 50-day, and 100-day moving averages, it is below the 200-day moving average. The delivery volume has increased by 12.06% compared to the 5-day average, indicating rising investor participation. Overall, Tata Motors continues to demonstrate robust trading activity, underscoring its position in the market.